Portfolio Strategy for Sellers
Terry Duffy, chair and CEO of CME Group, said KKR is well-positioned to “scale this business and extend the important efficiencies that OSTTRA delivers to clients.” Meanwhile, John Barneson, chair of OSTTRA’s board and head of enterprise solutions at S&P Global Market Intelligence, framed the deal as part of a broader “portfolio optimization” strategy to support S&P’s growth trajectory.
Financial advisory roles for the deal include Barclays for S&P Global, Citi for CME Group, and both Goldman Sachs & Co. and BofA Securities for KKR.
Deal Teams and Legal Advisors
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Skadden Arps advised CME Group, with a team led by David Clark, June Dipchand, Kenneth Schwartz, Fred Depoortere, Sarah Beth Rizzo, Jisun Choi, Matea Bozja, and Stuart Levi.
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Davis Polk represented S&P Global, with partners Brian Wolfe, Evan Rosen, Pritesh P. Shah, Veronica M. Wissel, and Michael Mollerus.
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Deal team details for Simpson Thacher, KKR’s counsel, were not immediately available.
