The approximately USD 140 billion merger, will create a leading information services provider with a unique portfolio of highly complementary assets. With the transaction completed, S&P Global will offer an enhanced value proposition for their global customer base across data & analytics, ratings, benchmarks, indices, commodities & energy, transportation, and engineering. Together, the merged company will focus on accelerating growth and creating unparalleled value for all stakeholders.
Appleby advised in all aspects of Bermuda law, including significant pre and post restructuring pieces over a two-year period, from initial discussions and negotiations, to drafting and signing of transaction, to restructuring and closing. Partner Alan Bossin led the transaction with support from Partner Matthew Ebbs-Brewer and Counsel Josephine Noddings.
Appleby’s Bermuda team worked alongside Wachtell, Lipton Rosen & Katz and Baker McKenzie, lead counsel to S&P Global.
Douglas Peterson, President and CEO of S&P Global, upon merger completion said, “Today’s announcement marks the successful unification of two great companies that will be stronger together as a combined company. Our merger unites a unique collection of innovative assets and technology capabilities from two world-class organizations to benefit our people, our customers and our shareholders. Our combined strengths in credit and risk management, indices across multiple asset classes, private markets, ESG and energy transition data and analytics will accelerate the growth of our business and broaden the scope of services we can provide to the markets. I am excited by the exceptional prospects for the future of our Company and honored to lead our expanded organization.”