Tom Glocer says he's seen 'marked uptick' in sales, TR well placed for acquisitions

The CEO told Reuters Insider television that because of the company's subscription model it would take time for the weakness earlier in the year to work through the system but that it was now well placed.

Thomson Reuters was in a strong position to make acquisitions and to invest in its businesses and had opportunistically refinanced debt over the summer, he said. There was "a tonne" of good businesses coming onto the market.

Glocer is attending the World Economic Forum in Davos. He said that at the WEF a year ago it was "near professional suicide" when he had expressed some optimism but now in the technology world in particular, businesses were cautiously beginning to invest.

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