Bloomberg News

Thomson Reuters Paid About $40 Million for Zawya, National Says

June 26, 2012

Thomson Reuters Corp. paid about $40 million for Zawya Ltd., which provides online business information on the Middle East and North Africa, Abu Dhabi-based The National reported, citing people it did not identify.

Thomson Reuters announced the acquisition of Dubai-based Zawya yesterday without disclosing the value of the deal.

Bloomberg LP, the parent of Bloomberg News, competes with Thomson Reuters in selling financial and legal information and trading systems.

To contact the reporter on this story: Arif Sharif in Dubai at asharif2@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net


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