S&P Global and IHS Markit said on Monday they would sell a couple of businesses to satisfy antitrust requirements attached to the $44 billion merger of the financial information providers. S&P Global will sell securities data solutions provider CUSIP Global Services (CGS) to financial data services firm FactSet for $1.93 billion in cash, while IHS…
S&P, IHS to Offload Units Ahead of Merger to Meet Antitrust Conditions
US Business Activity Slows Moderately in Mid-November: IHS Markit Survey
WASHINGTON—U.S. business activity slowed moderately in November amid labor shortages and raw material delays, contributing to prices continuing to soar halfway through the fourth quarter. Data firm IHS Markit said on Tuesday its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, fell to a reading of 56.5 in mid-November from…
S&P Global, IHS Win US Antitrust Approval for $44 Billion Deal With Conditions
WASHINGTON—Business information provider S&P Global Inc. and IHS Markit Ltd have won U.S. antitrust approval for their planned merger, on condition it sells some businesses and scraps a non-compete agreement with GasBuddy, the Justice Department said in a statement. The $44 billion deal was initially announced in November 2020. To win approval for the deal,…
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