The London office of international legal practice Norton Rose has advised UBM on the proposed GBP160m disposal of certain parts of its data services business to Electra Private Equity Partners.
UBM’s proposed disposal of its data services business consists of five divisions: Aviation, Global Trade, Medica, RISI and Tech Insights.
The disposal involves the sale of 70 companies in 44 jurisdictions and asset sales in the UK, China, Hong Kong, Singapore and Japan.
As well as London, the transaction involved additional advice being sought from 15 Norton Rose offices globally, in Australia, Canada, China, France, Germany, Holland, Hong Kong, Japan, Kazakhstan, Poland, Russia, Singapore, Indonesia and Thailand.
UBM relationship partner Ian Lopez says: "I have advised UBM for over 15 years and it was a pleasure to advise them on this transaction. This was a complex, multi-jurisdictional transaction which relied heavily on our global expertise across markets and jurisdictions."
