Sidley Advises Marathon Asset Management on its up to US$1.6 Billion Sale to CVC

Sidley represented Marathon Asset Management, a leading global credit manager, in its up to US$1.6 billion (US$1.2 billion in upfront consideration and up to US$400 million in contingent deferred consideration) sale to CVC, one of the world’s leading private markets investment firms. Upon completion, Marathon will combine with CVC Credit, significantly expanding CVC’s presence in the U.S. credit market in particular in asset-based, real estate, opportunistic, and public credit.