$2.5 Billion Divestiture by The McGraw-Hill Companies

Cleary Gottlieb is representing Goldman Sachs as financial advisor to The McGraw-Hill Companies in connection with the sale of its education unit to an affiliate of Apollo Global Management in a transaction valued at approximately $2.5 billion, subject to certain closing adjustments. The transaction was announced on November 26, 2012 and is expected to close in late 2012 or early 2013. Upon closing, McGraw-Hill will be renamed McGraw Hill Financial (subject to shareholder approval).

McGraw-Hill is a leading global information services provider serving the financial, education, commercial and commodities markets. McGraw Hill Financial will be focused on benchmarks and analytics for the global capital and commodity markets and include the following leading brands: Standard & Poor’s, S&P Dow Jones Indices, S&P Capital IQ, Platts, Crisil, J.D. Power and Associates, McGraw-Hill Construction and Aviation Week.