Deutsche Börse’s $850 Million Acquisition Of Axioma


Cravath, alongside Hengeler Mueller, is representing Deutsche Börse in connection with the transaction.

Axioma agreed to be acquired by Deutsche Börse for $850 million cash and debt free and will be combined with Deutsche Börse’s index businesses valued at €2.6 billion. As part of the transaction, Deutsche Börse has entered into a strategic partnership with General Atlantic, a leading global growth equity investor, which will invest around $715 million into the new company to finance the acquisition of Axioma.

The Cravath team is led by partners Aaron M. Gruber (Picture) and Mark I. Greene and includes associates Lee M. Blum, Virginia M. Anderson and Patrick S. Taylor on M&A matters; partner Eric W. Hilfers and associate Jana I. Hymowitz on executive compensation and benefits matters; partner Kara L. Mungovan and associate Richard Bohm on tax matters; partner David J. Kappos and associate Miling Y. Harrington on intellectual property matters; partner Matthew Morreale on environmental matters; senior attorney Jesse M. Weiss on antitrust matters; and senior attorney Joyce Law and practice area attorney Laurel R. Berkowitz on real estate matters.

Involved fees earner: Virginia Anderson – Cravath Swaine & Moore; Laurel Berkowitz – Cravath Swaine & Moore; Lee Blum – Cravath Swaine & Moore; Richard Bohm – Cravath Swaine & Moore; Mark Greene – Cravath Swaine & Moore; Aaron Gruber – Cravath Swaine & Moore; Miling Harrington – Cravath Swaine & Moore; Eric Hilfers – Cravath Swaine & Moore; Jana Hymowitz – Cravath Swaine & Moore; David Kappos – Cravath Swaine & Moore; Matthew Morreale – Cravath Swaine & Moore; Kara Mungovan – Cravath Swaine & Moore; Patrick Taylor – Cravath Swaine & Moore; Jesse Weiss – Cravath Swaine & Moore;

Law Firms: Cravath Swaine & Moore;

Clients: Deutsche Börse;

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Author: Ambrogio Visconti