S&P Global gobbles up IHS Markit in $44-billion deal

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S&P Global's purchase of IHS Markit would create a $126-billion financial services behemoth.

that are an advance indicator of economic activity, as well as its military and security information subsidiary Jane's Information Group.

The merger will create a $126-billion financial services behemoth that will be headquartered in New York. The firms said they expect the merger to generate some $680 million in cost savings by the end of the 5th full year after closing, which is expected in the 2nd half of next year.

 

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