Weil Advises CPP Investments in Consortium’s $27B sale of Refinitiv

Weil is advising 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 is expected to be completed during the second half of 2020, subject to customary closing conditions.

The Weil Team advising CPP Investments is led by global Co-Head of Private Equity Douglas Warner and includes Private Equity associates Josh WhitfordMiae Woo and Thomas Forman. The team also includes Tax partner Mark Schwed, Tax associate Lora Shub and Antirust counsel Vadim Brusser.

The U.K. team is led by Corporate partner Michael Francies and includes Corporate senior consultant Ian Hamilton and Corporate associate Marc Schubert.