Thomson Reuters close to selling healthcare business

Business Standard newspaper said Infosys Technologies, India’s second largest software company, was the front-runner for the business and an announcement was expected shortly. Both Thomson Reuters and Infosys declined to comment.

Thomson Reuters said in June it planned to sell the business, which supplies healthcare data and analysis to companies, government agencies and health professionals. It had revenue of about $450 million in 2010.

“It's public knowledge that we are selling the healthcare division but we’re not making any comment on the process,” a Thomson Reuters spokesman said. ■