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Black Knight in its $700 million sale of its Optimal Blue business division to a subsidiary of Constellation Software

On July 17, 2023, Black Knight, Inc. (NYSE: BKI) announced that, in connection with the previously announced acquisition of Black Knight by Intercontinental Exchange, Inc. (NYSE: ICE), it has agreed to sell Black Knight’s Optimal Blue business division to a subsidiary of Constellation Software Inc. (TSX: CSU) for $700 million.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Black Knight.

Wachtell, Lipton, Rosen & Katz is also serving as legal advisor to Black Knight in connection with its pending $11.7 billion sale to ICE and its pending divestiture of its Empower loan origination system business.