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.”

Share
Twitter LinkedIn Email Save as PDF
More Deals
24 May 2023 | Deals

Appleby Bermuda advise Arbol on the launch of its collateralized insurer, Arbol Re Ltd.

Appleby advised Arbol, a technology-led underwriter of parametric risk transfer, climate and weather...

17 Mar 2023 | Deals

Appleby Bermuda advised Swiss Re on its USD 700 million multi-year stop-loss transaction

Appleby acted as Bermuda counsel for global reinsurer Swiss Re on its securing a multi-year stop-los...

24 Jan 2023 | Deals

Appleby advises Wejo Group Limited on its entry into a business combination with TKB Critical Technologies I

Appleby is acting as Bermuda and Cayman Islands counsel to Nasdaq-listed Wejo Group Limited, a globa...

16 Jan 2023 | Deals

Appleby Bermuda advised on Kuvare Holdings Launch of USD 400 Million Kindley Re Sidecar

Appleby advised Kuvare Holdings (Kuvare) on its formation of Kindley Re Ltd. (Kindley Re), a newly f...

8 Dec 2022 | Deals

Appleby Bermuda advised African Risk Capacity Ltd on its first epidemic risk insurance product

Appleby Bermuda advised ARC Ltd, a long-standing client, on its first parametric insurance product a...

26 Sep 2022 | Deals

Appleby Supports Northedge Investment into Friend MTS, a Leading Global Provider of Video Content Security Services

Appleby is proud to have acted as Jersey and Bermuda counsel, alongside Gateley PLC, to private equ...

23 Aug 2022 | Deals

Appleby Bermuda advised CoinZoom on its Digital Asset Business licence

Appleby advised CoinZoom, Inc. on its application for a Class M Digital Asset Business licence pursu...

11 May 2022 | Deals

Appleby Bermuda Advised Relm II In Its Incorporation And Registration To Provide Reinsurance Capacity In The Crypto Space

Appleby served as Bermuda counsel to Relm Insurance II Ltd. (Relm II) in connection with its incorpo...

5 May 2022 | Deals

SkyRidge Re team wins ‘Life Transaction of the Year’ at the Trading Risk Awards 2022

Congratulations to the SkyRidge Re team for winning ‘Life Transaction of the Year’ at the Tradin...

19 Apr 2022 | Deals

Appleby Bermuda Advised Swiss Re In Innovative USD1.15bn Transaction Combining Bank Financing And Insurance-Linked Securities

Appleby acted as Bermuda counsel to Swiss Re, a leading wholesale provider of reinsurance, insurance...