[IRTalk] ‘Web of Science’ to be sold to private-equity firms : Nature News & Comment
hilton.gibson at gmail.com
Thu Jul 14 09:11:32 SAST 2016
The vast science-citation database ‘Web of Science’ will be sold by its
long-time owner, Thomson Reuters, as part of a US$3.55-billion divestment
of the firm’s intellectual-property and science division.
The deal, according to an announcement on 11 July, will transfer the
division to private equity funds affiliated with Onex Corporation, based in
Toronto, and Baring Private Equity Asia, headquartered in Hong Kong. But
industry observers expect that the new owners will later break up the
division and resell its parts for a profit.
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