The proposed tender offer, announced alongside the company’s H1 trading update, will enable eligible shareholders to tender some or all of their shares at a fixed price, subject to shareholder approval at a general meeting. The transaction is designed to provide shareholders with flexibility while supporting GlobalData’s objective of enhancing shareholder value through an efficient return of capital.
Reed Smith has advised GlobalData since 2018 and has continued to support the company on a broad range of strategic corporate and capital markets matters. The firm’s work has included advising on multiple acquisitions, the company’s move to the Main Market of the London Stock Exchange, competing takeover offers, and its ongoing public company and governance matters.
The Reed Smith team was led by partners Philip Taylor and Samantha Myers, with support from associate Georgia Crossman.
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