Mergers and Acquisitions

Kyndryl in the sale of its Securities Industry Services business to Broadridge

Kyndryl
Key Contact
James R. Brown

Partner, Corporate, Toronto

Team
Min Oh

Associate, Corporate, Toronto

Valeska Rebello

Articling Student, Toronto

Michelle Lally

Partner, Competition/Antitrust and Foreign Investment, Toronto

Reba Nauth

Associate, Competition/Antitrust & Foreign Investment, Toronto

Paul Litner

Partner, Pensions and Benefits, Toronto

Kim Maguire

Partner, Tax, Vancouver

Jennifer Horton

Associate, Tax, Toronto

Matthew Zvan

Associate, Tax, Toronto

Kelly O’Ferrall

Partner, Employment and Labour, Ottawa

Jeremy Perron

Associate, Pensions and Benefits, Montréal

Alison Hayman

Partner, Intellectual Property, Toronto

Sam Ip

Partner, Technology, Toronto

On May 13, 2024, Kyndryl announced the proposed sale by Kyndryl Canada of its Canadian Securities Industry Services, wealth and capital markets technology platform to Broadridge Financial Solutions. In connection with the sale, Kyndryl plans to offer managed services and capabilities to Broadridge Financial Solutions related to the Securities Industry Services business following completion of the sale.

Kyndryl (NYSE: KD) is the world’s largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The Company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day.

Osler Hoskin & Harcourt LLP advised Kyndryl with a team consisting of James Brown, Min Oh, Valeska Rebello (Corporate), Michelle Lally and Reba Nauth (Competition), Paul Litner (Pensions & Benefits), Kim Maguire, Jennifer Horton and Matthew Zvan (Tax), Kelly O’Ferrall and Jeremy Perron (Labour and Employment), Alison Hayman (IP) and Sam Ip (Technology).

Value
-
Date Announced
May 13, 2024
Lead Office
Toronto
Key Contact
James R. Brown

Partner, Corporate, Toronto

Team
Min Oh

Associate, Corporate, Toronto

Valeska Rebello

Articling Student, Toronto

Michelle Lally

Partner, Competition/Antitrust and Foreign Investment, Toronto

Reba Nauth

Associate, Competition/Antitrust & Foreign Investment, Toronto

Paul Litner

Partner, Pensions and Benefits, Toronto

Kim Maguire

Partner, Tax, Vancouver

Jennifer Horton

Associate, Tax, Toronto

Matthew Zvan

Associate, Tax, Toronto

Kelly O’Ferrall

Partner, Employment and Labour, Ottawa

Jeremy Perron

Associate, Pensions and Benefits, Montréal

Alison Hayman

Partner, Intellectual Property, Toronto

Sam Ip

Partner, Technology, Toronto