WORLD
S&P Global to buy IHS Markit
- IBJ Bureau
- Dec 29, 2020
S&P Global has
agreed to buy analytics group IHS Markit in a $44-billion deal that will create
a data and information powerhouse able to compete with Bloomberg, the market
leader. The largest deal of 2020 will give S&P Global, best known for its
rating agency, a data provider that supplies financial information to 50,000
customers across businesses and governments. It is the US group’s most
substantial effort to create a financial information juggernaut and the latest
in a string of deals in the sector, with consolidation driven by the need to
offer services ranging from data provision to trading.
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