 |
S&P Global is using Joele Frank to field inquiries surrounding its $44B deal to merge with London’s IHS Markit to create financial data and information giant to compete with market leader, Bloomberg.
Shareholders of S&P will control 68 percent of the enlarged enterprise. S&P CEO Douglas Peterson will helm the combined company. IHS Markit chief Lance Uggia will become a special advisor for a year following the closing of the deal during the second half of next year.
The addition of IHS Markit will enable S&P “to better serve our markets and customers by creating new value and insights,” said Peterson.
The combined company, which will generate annual revenues of more than $11.5B, will be based in New York.
Joele Frank, Wilkinson Brimmer Katcher has Ed Trissel and Tim Ragones representing S&P Global.
Caterpillar’s Rob Rengel will join ATI Inc. on June 22 as VP-investor relations, succeeding the retiring David Weston.
Hut 8, energy infrastructure platform, has named NextEra Energy's Mark Eidelman head of IR and SVP of strategic finance.
Teneo handles easyJet as Minneapolis investment firm Castlelake mulls a possible takeover of the British budget airline.
Brunswick Group represents Universal Music Group as it rejects the unsolicited $65B takeover offer by billionaire Ed Ackman's Pershing Square Capital Management because it “fundamentally and materially undervalues” the world’s largest music company.
Prosek Partners brings on Danielle O’Brien as a managing director in its investor relations practice, based in the firm’s New York office.
