Weil advised CPP Investments in a consortium that also includes Blackstone and GIC, in, together with Thomson Reuters Corporation, the $27 billion sale of Refinitiv (f/k/a Thomson Reuters’ Financial & Risk business) to London Stock Exchange Group plc. Refinitiv is one of the world’s largest providers of financial markets data and infrastructure, providing leading data and insights, trading platforms, and open data and technology platforms that connect communities of trading, investment, financial and corporate professionals. The transaction closed on January 21, 2021.
The Weil team that advised CPP Investments was led by Private Equity Co-Head Douglas Warner and included Private Equity associate Thomas Forman. The team also included Antitrust partner Vadim Brusser.
The U.K. team was led by Corporate partner Michael Francies and included Corporate senior consultant Ian Hamilton and Corporate associate Marc Schubert.