January, 2021 - Priestley Soundy

PriestleySoundy advises Senior Management Team of Refinitiv on the sale to LSEG

29th January 2021
Vanessa Elliott
News

On 29 January 2021, Blackstone (and consortium partners Canada Pension Plan Investment Board and GIC) and Thomson Reuters finalised the sale of Refinitiv to The London Stock Exchange Group (LSEG). PriestleySoundy advised the international (including UK and US Managers) Senior Management Team of Refinitiv. The £22bn (US $27bn) transaction, approved by the European Union regulators

PriestleySoundy advises Senior Management Team of KCA Deutag

15th January 2021
Vanessa Elliott
News

PriestleySoundy has been advising the international Senior Management Team of KCA Deutag on their incentive arrangements in connection with the financial restructuring of KCA Deutag. The financial restructuring, implemented via an English Scheme of Arrangement, saw $1.4bn of debt converted into equity in a new (Jersey) holding company and reinstated senior secured notes of $500m.