Summary
S&P Global Inc. (SPGI) announced on November 30, 2020, a significant strategic move: the execution of an Agreement and Plan of Merger with IHS Markit Ltd. This transaction, structured as a merger of IHS Markit into a wholly owned S&P Global subsidiary, will result in IHS Markit becoming a wholly owned subsidiary of S&P Global. This development marks a potentially transformative event for S&P Global, aiming to enhance its market position and service offerings. Investors should note that S&P Global and IHS Markit are holding a joint conference call and webcast on November 30, 2020, to provide further details on the merger. The company has also provided an investor presentation to supplement this information. This acquisition is expected to be a key driver of future growth and value creation for S&P Global shareholders.
Key Highlights
- 1S&P Global Inc. entered into a Merger Agreement to acquire IHS Markit Ltd.
- 2The transaction is structured as a merger where IHS Markit will become a wholly owned subsidiary of S&P Global.
- 3The agreement was dated November 29, 2020.
- 4A joint press release detailing the merger was issued on November 30, 2020.
- 5S&P Global and IHS Markit scheduled a joint conference call and webcast for November 30, 2020, to discuss the transaction.
- 6An investor presentation providing supplemental information regarding the merger is available.
- 7This filing primarily serves to announce the definitive merger agreement and related investor communications.