(Reuters) - Thomson Reuters Corp <TRI.TO> <TRI.N> on Thursday reported a 9% rise in quarterly sales compared to the same period a year ago, while also raising its forecasts for the next two years.
The news and information provider and parent of Reuters News reported second-quarter revenue of $1.42 billion (£1.17 billion), up from $1.31 billion a year ago as Thomson Reuters gained from payments it received from Refinitiv for its news service.
Thomson Reuters also said in a statement that it and private equity funds affiliated with Blackstone <BX.N> had agreed to sell Refinitiv to the London Stock Exchange <LSE.L> in an all share deal with an enterprise value of around $27 billion.
(Reporting by Pushkala Aripaka and Patrick Graham; Editing by Alexander Smith)
