Data group S&P gains EU nod for $44bn IHS takeover | Reuters
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Data group S&P gains EU nod for $44bn IHS takeover | Reuters
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Data group S&P gains EU nod for $44bn IHS takeover | Reuters
Business information provider S&P Global Inc on Friday moved a step closer to market-leading duo Bloomberg and Refinitiv after gaining EU antitrust approval for its $44 billion takeover of IHS Markit.
S&P announced the proposed deal last November, continuing sector consolidation as companies sought to create one-stop shops to attract the biggest clients and invest in artificial intelligence and machine learning.
S&P Global is a distant third behind Bloomberg and Refinitiv in terms of annual financial market data/analysis revenue, based on data from market research firm Burton-Taylor.
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