Davis Polk is advising Markit on its all-share merger of equals with IHS valued at more than $13 billion. The transaction is expected to close in the second half of 2016, subject to customary closing conditions, including regulatory approvals and approval by both IHS and Markit shareholders. Upon completion of the merger, the combined company will be renamed IHS Markit and will be headquartered in London and have certain key operations based in Englewood, Colorado.

IHS Markit will be a leader in critical information, analytics and solutions, and will have non-overlapping customers and products, a strong financial profile and a world-class management team. The company will also deliver next-generation information and analytics products to help customers improve decision making. IHS Markit will have more than 50,000 key customers, including 75% of the Fortune Global 500, creating significant cross-selling opportunities across multiple commercial industries and governments.

The Davis Polk corporate team includes partners Louis L. Goldberg and H. Oliver Smith and associates Lee Hochbaum and Elyka A. Anvari. Partners Richard D. Truesdell Jr. and Mark M. Mendez are providing capital markets advice. Partners Michael Mollerus and Jonathan Cooklin are providing tax advice. Partner Jeffrey P. Crandall and associate David Mollo-Christensen are providing executive compensation advice. Members of the Davis Polk team are based in the New York and London offices.

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