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Finance: S&P Global agency swallows IHS Markit for 44 billion dollars


The merger agreement was approved "unanimously by the boards of directors of both companies" according to S&P Global.

The rating agency S&P Global announced on Monday that it had signed a merger agreement with the American IHS Markit, known for publishing each month indices of economic activities very followed by the markets, for 44 billion dollars (about 36.70 Billions of Euro's).

Read also: Private sector activity plunges in November, according to IHS Markit

The merger agreement was approved "

unanimously by the boards of directors of the two companies,

" S&P Global said in a statement, adding that the transaction, which will take the form of a share exchange, is expected. be concluded in the second half of 2021.

Source: lefigaro

All business articles on 2020-11-30

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