November 30, 2020

S&P Global gobbles up IHS Markit in $44-bn deal

New York (AFP) – Ratings giant S&P Global reached an all-stock deal to buy IHS Markit for $44 billion, creating a giant in data and analytics used by Wall Street, the companies announced Monday.The companies said combining will bolster offerings to investor clients and provide complementary information streams in growth areas, such as in the shift towards renewable energy and the trend of environmental, social and governance (ESG) investing.”Through this exciting combination, we are able to better serve our markets and customers by creating new value and insights,” said Douglas Peterson, the c…


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