Karnov Group AB (publ) (OM:KAR) signed a binding offer to acquire Editorial Aranzadi, S.A. from Thomson Reuters Corporation (TSX:TRI) on December 9, 2021. The combine consideration is of approximately €160 million. Karnov Group AB (publ) (OM:KAR) signed a share purchase agreement to acquire Editorial Aranzadi, S.A. from Thomson Reuters Corporation (TSX:TRI) on February 25, 2022. The transaction Consideration would be financed by a new bridge loan facility, and other debt facilities, of approximately €160 million. Karnov Group received clearance from the Spanish Antitrust Authority to complete the acquisition on 3 November 2022. Deloitte Financial Advisory and Carnegie Investment Bank AB (publ) are financial advisersto Karnov in relation to the Contemplated Transaction. Carnegie acts as sole financial adviser to Karnov in relation to securing the loan facility. Bruun & Hjejle Advokatpartnerselskab and Latham & Watkins are legal advisors to the Company.

Karnov Group AB (publ) (OM:KAR) acquired Editorial Aranzadi, S.A. from Thomson Reuters Corporation (TSX:TRI) on November 30, 2022. Houlihan Lokey served as financial advisor to Thomson Reuters in the transaction.