Latham Advises on Financing to Support Evergreen- and Brookfield-Led Consortium’s US$16 Billion Acquisition of Nielsen

The private equity consortium composed of Evergreen Coast Capital Corp., an affiliate of Elliott Investment Management L.P., and Brookfield Business Partners L.P. together with institutional partners, completed on October 11, 2022 the acquisition of Nielsen, a global leader in audience measurement, data, and analytics. The all-cash transaction is valued at approximately US$16 billion, including the assumption of debt.

Latham & Watkins LLP represented the private credit funds as part of the US$11 billion in financing to support the transaction with a finance team led by New York partners Stelios Saffos, David Teh, Nicole Fanjul, Peter Sluka, and Jason Ewart, with associates Victor Ludwig, Michael Waldman, Michela Mancini, Aditi Sharma, and Anton Vlahek. Advice was also provided on tax matters by Century City partner Pardis Zomorodi, with associate Kathryn Harrington; on uniform commercial code matters by New York partner Larry Safran; and on equity co-investment matters by New York partner Javier Stark and Chicago partner Zachary Judd, with associates Christine Ollmann and Charles Shier.