The transaction will now be subject to regulatory approval in the US and EU. Data giant S&P Global offers credit ratings, benchmarks, and analytics in the global capital and commodity markets, while IHS Markit delivers financial analytics in debt market and derivatives, as well as other sectors such as transportation, agriculture, and aerospace.
The combination of S&P Global's and IHS Markit's complementary products will drive revenues and help them explore high growth opportunities, such as alternative data. The acquisition will boost their value proposition, driving revenue growth. The transaction brings together both firms' tech stacks, such as S&P Global's AI-driven business market research tool
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How S&P Global's $44 bln IHS Markit deal will transform the data industry - Business InsiderHere's how S&P Global's $44 billion IHS Markit deal will transform the supply chain for financial data — and which players need to make a move next
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