S&P Global (SPGI), IHS Markit (INFO) to Sell OPIS and Associated Businesses to News Corp (NWS) for $1.15B

Go back to S&P Global (SPGI), IHS Markit (INFO) to Sell OPIS and Associated Businesses to News Corp (NWS) for $1.15B

S&P Global and IHS Markit Announce Agreement to Sell OPIS and Associated Businesses

August 2, 2021 7:30 AM EDT

NEW YORK & LONDON--(BUSINESS WIRE)-- S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) today announced an agreement to sell IHS Markits Oil Price Information Services (OPIS); Coal, Metals and Mining; and PetroChem Wire businesses to News Corp in a cash transaction valued at approximately $1.150 billion. The sale is expected to be completed at the close of the merger between S&P Global and IHS Markit.

The agreement marks the culmination of S&P Global and IHS Markits previously announced decision to explore a... More