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

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

August 2, 2021 7:30 AM EDT

NEW YORK & LONDON, Aug. 2, 2021 /PRNewswire/ -- S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) today announced an agreement to sell IHS Markit's 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 Markit's previously announced... More