The Strategist

S&P Global to acquire IHS Markit for $44B

11/30/2020 - 04:53

The largest providers of business intelligence - S&P Global, an American media holding company, and IHS Markit, an UK agency - may merge in a $44 billion deal.

S&P Global to acquire IHS Markit for $44B
US-based S&P Global may acquire IHS Markit, a UK-based provider of analytical reports and business software, for $44 billion, The Wall Street Journal reports with reference to interlocutors familiar with the deal negotiations. 

According to the magazine's interlocutors, the landmark deal, which will unite the two largest providers of analytical data for Wall Street, may be announced as early as Monday, 30 November. The planned deal is estimated at $44 billion and could become the largest in 2020, according to interlocutors of WSJ.  However, the publication points out the preliminary nature of the arrangements, which "could fall apart at the last minute". 

Market value of IHS Markit is estimated at $37 billion, S&P - at $82 billion. S&P Global Market Intelligence is a leading provider of information on various asset classes, as well as research and analytical data provided through innovative technology platforms. According to the company's own estimates, it covers 99% of the world's capital markets and analyses more than 135 billion pieces of information per year. Until May 2013, the media holding was called The McGraw-Hill, and from 2013 to 2016 it was called McGraw Hill Financial.

IHS Markit provides business information, analytical data and software for efficient business operations in the UK, USA and other countries. The company was formed in 2016 through a merger of IHS (since 1959) and Markit (founded in 2003).


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