The facts block is sourced from a single SEC filing: an 8-K filed with SEC EDGAR and published on October 3, 2025. The deal's current status is pending regulatory approval.
On the financial advisory side, two firms advised the company (Bamboo) and its affiliate White Mountains: Evercore Group L.L.C. acted as lead financial advisor, while Piper Sandler & Co. acted as financial advisor without a lead designation. No financial advisor is disclosed for CVC, the acquirer, in the facts block.
Legal counsel was also disclosed across multiple parties. Cravath, Swaine & Moore LLP served as legal counsel to White Mountains and Bamboo, the company/seller side. Separately, Willkie Farr & Gallagher acted as legal advisor to Bamboo management specifically. On the acquirer side, Latham & Watkins LLP acted as legal advisor to CVC.
Beyond its characterization as a sale of a controlling interest and the disclosed $1,750,000,000 value, the facts block does not specify the percentage of the controlling interest being sold.
Several facts are not disclosed in the source material. The facts block does not state the exact percentage stake comprising the "controlling interest" being sold, nor does it name a financial advisor for CVC, the acquirer. No sector classification or expected closing date is given.