NEW YORK: S&P Global Inc is said to be in advanced talks to buy IHS Markit Ltd for about US$44bil, combining two of the biggest data providers for Wall Street in what would be the year’s second largest deal.
IHS Markit, which provides data, analytics and research, was valued at US$36.9bil as of the close on Friday, after climbing to a record earlier in the week. The stock has risen 23% this year, compared with S&P Global’s 25% gain, giving it a market capitalisation of US$82.2bil.
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