Conyers Dill & Pearman advises Markit on $1.3bn initial public offering

Conyers Dill & Pearman’s Bermuda office advised Markit on its 10-times oversubscribed $1.3bn (£763m) initial public offering and listing on the Nasdaq Global Select Market.

Conyers also advised on the Bermuda aspects of inserting Markit, a Bermuda company, as the group’s top holding company in place of a UK company. Markit is a global diversified provider of financial information services.

In advising Markit, Conyers worked alongside Davis Polk & Wardwell, Ashurst, Proskauer Rose and Gibson, Dunn & Crutcher.

The Conyers team included Marcello Ausenda along with Niel Jones as lead corporate associate, Chiara Nannini and Robert Alexander.