IHS Markit Explores Divesting Some Assets as It Awaits Combination With S&P Global
May 13 2021 - 7:39AM
Dow Jones News
By Dave Sebastian
S&P Global Inc. and IHS Markit Ltd. said they are exploring
the sale of IHS Markit's oil price information services business
and the coal, metals and mining business, following feedback from
regulators.
S&P Global late last year agreed to buy IHS Markit for about
$44 billion, a landmark deal that would combine two of the largest
providers of data of Wall Street. The companies on Thursday said
they continue to expect the deal to close in the second half of the
year.
The companies said the decision to divest the assets was to
ensure the pending combination closes on a timely basis. The asset
sale is subject to further review and approval by regulators and
antitrust authorities, the companies said.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
May 13, 2021 07:24 ET (11:24 GMT)
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