Thomson Reuters no longer a titan

Thomson Reuters is being removed due to its delisting from the London Stock Exchange. The changes will be effective before the open of trading on Thursday 10 September.

Its replacements are, respectively, French media company Publicis Groupe S.A. and British energy company Tullow Oil PLC.

Separately, UK index compiler FTSE said Thomson Reuters will be replaced by luxury goods group Burberry in the FTSE 100 index in London.

Thomson Reuters is delisting from the FTSE 100 because it wants to simplify its capital structure and eliminate the persistent discount at which the London shares have traded to North American shares, Reuters reported. ■