Freshfields advises Euromoney Institutional Investor PLC on the recommended cash offer by Astorg and Epiris
Freshfields Bruckhaus Deringer (“Freshfields”) is advising Euromoney Institutional Investor PLC (“Euromoney”) on the recommended cash offer by Becketts Bidco Limited, a newly incorporated company formed by a consortium of funds managed and/or advised by Astorg Asset Management S.à r.l., Epiris GP Limited and Epiris GP III Limited.
Euromoney is a global information business providing essential B2B information to global and specialist markets through price discovery, market intelligence and events across its segments. The offer values the entire share capital of Euromoney at approximately £1,606 million on a fully diluted basis.
The acquisition is conditional on the receipt of regulatory, shareholder and court approvals, and is expected to complete during the fourth quarter of 2022.
The Freshfields team is being led by global transactions partners Oliver Lazenby and Rhys Evans, senior associate Michael Black and associate Rob Foley. Partners Deirdre Trapp, Alice Greenwell, Mark Kalderon and Dawn Heath led on anti-trust, employment, financial regulatory and pension matters respectively.