Davis Polk is advising Morgan Stanley on its $900 million acquisition of Solium Capital Inc. The transaction is expected to close in the second quarter of 2019, subject to shareholder and regulatory approvals, and other customary closing conditions.

Morgan Stanley is a leading global financial services firm providing investment banking, securities, investment management and wealth management services. With offices in more than 41 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. Solium provides cloud-enabled services for global equity administration, financial reporting and compliance. From offices in the United States, Canada, the United Kingdom, Europe and Australia, Solium’s innovative software-as-a-service (SaaS) technology powers share plan administration and equity transactions for more than 3,000 corporate clients with employee participants in more than 100 countries.

The Davis Polk corporate team includes partner Marc O. Williams and associates Morgan Lee and Ariel Rivera. Partner Kyoko Takahashi Lin is providing executive compensation advice. Partner Ronan P. Harty is providing antitrust and competition advice. The capital markets team includes partner Shane Tintle. The tax team includes partner Michael Mollerus. Partner Frank J. Azzopardi and associate Daniel F. Forester are providing intellectual property and technology advice. Counsel Zachary J. Zweihorn is providing financial institution advice. Members of the Davis Polk team are based in the New York and Washington DC offices.

Osler, Hoskin & Harcourt LLP is advising Morgan Stanley on Canadian legal matters.