Summary
- Baker McKenzie has advised CDP Foundation on a transformative investment and strategic reorganisation involving global investment firm Permira.
- CDP will split into two entities: a commercial arm providing environmental data and a charitable foundation focused on disclosure principles based on environmental science.
- The transaction is pending regulatory approvals, including from the Charity Commission, with Baker McKenzie handling various legal aspects of the deal.
- This reorganisation aims to enhance CDP's comprehensive disclosure system and drive sustainable economic practices globally.
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