S&P Global acquires IHS Markit for $44bn

The combination would bring together two world-class organisations, increasing the scale and "rounding out our combined capabilities", said S&P Global's CEO Douglas Peterson, who will become CEO of the enlarged company. IHS Markit chair and CEO Lance Uggla, who will stay with the firm as a special advisor for one year after the merger, said the deal was "a win" for both companies. Boutiques to benefit from 'crunch point' as mega-mergers ramp up The deal will be an all-stock transaction, valuing IHS Markit at $44bn, with $4.8bn of net debt included in the price. It was unanimously a...