Press: Reuters' $1.5 Billion Bonanza

A plan to go public generates potential fortunes—and problems Diana Parsons was skiing in Switzerland with her family when a stranger called from London with the news. The British farmwife, 44, could be a multimillionaire, thanks to a distant relative named Dundas who had bought some stocks three generations ago. As a shareholder in a company that is a part owner of Reuters Ltd., the London-based news agency, Parsons could gain some $4 million. All over Britain, would-be millionaires are racing to lay claim to part of the estimated $1.5 billion that Reuters may be worth if it offers its shares...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!