S&P Global in Advanced Talks to Buy IHS Markit for About $44 Billion
November 29 2020 - 8:17PM
Dow Jones News
By Cara Lombardo and Liz Hoffman
S&P Global Inc. is in advanced talks to acquire IHS Markit
Ltd. for about $44 billion, according to people familiar with the
matter, a landmark deal that would combine two of the largest
providers of data to Wall Street.
The deal, which at that price would be the largest of the year,
could be announced as soon as Monday, the people said. There is
always the chance the talks could fall apart at the last
minute.
IHS Markit, based in London, has a market value of around $37
billion; S&P's is about $82 billion.
(More to come)
Write to Cara Lombardo at cara.lombardo@wsj.com and Liz Hoffman
at liz.hoffman@wsj.com
(END) Dow Jones Newswires
November 29, 2020 20:02 ET (01:02 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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