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Conyers advised Markit Ltd. on a US$685 million secondary offering on the Nasdaq Global Select Market

Conyers advised Markit Ltd. on an up-sized secondary offering on the Nasdaq Global Select Market by Markit’s shareholders. In total, 27,501,271 shares were sold by 15 selling shareholders for approximately US$685 million (including those acquired by the underwriters who exercised their option for additional shares in full) and at the same time Markit repurchased US$350 million of such shares from the selling shareholders via the underwriters.

Marcello Ausenda and Niel Jones of Conyers advised on this matter, working alongside Davis Polk & Wardwell LLP.

 


Marcello Ausenda
Director

Bermuda   +1 441 299 4954


Niel L. Jones
Director

Bermuda   +1 441 299 4903


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