Thomson Reuters Corporation (TSX:TRI) agreed to acquire TimeBase Pty Limited for AUD 6.5 million on May 2, 2025. A cash consideration of AUD 6.5 million will be paid by Thomson Reuters Corporation. As part of consideration, AUD 6.5 million is paid towards common equity of TimeBase Pty Limited.

The transaction is subject to approval by regulatory board / committee. The expected completion of the transaction is July 1, 2025 to December 31, 2025.