Davis Polk Advises IHS Markit on Its Acquisition of Ipreo
Davis Polk is advising IHS Markit on its $1.855 billion acquisition of Ipreo from private equity funds managed by Blackstone and the Goldman Sachs Merchant Banking Division. The acquisition, which is expected to close in the second half of 2018, is subject to customary closing conditions and regulatory filings and approvals.
IHS Markit is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. Ipreo is a global provider of financial services technology, data and analytics, supporting all participants in the capital-raising process, including banks, public and private companies, institutional and individual investors, as well as research, asset management and wealth management firms.
The Davis Polk corporate team includes partners Oliver Smith and Louis Goldberg and associate Abraham Einhorn. Partner Michael Mollerus is providing tax advice. Partner Kyoko Takahashi Lin is providing executive compensation advice. Partner Howard Shelanski is providing antitrust and competition advice. Partner Jinsoo H. Kim is providing credit advice. Partner Pritesh P. Shah is providing intellectual property and technology advice. Partners Richard D. Truesdell Jr. and Derek Dostal are providing capital markets advice. Members of the Davis Polk team are based in the New York and Washington DC offices.