Business
UK Watchdog Probes S&P Global’s $44 Billion Deal With Ihs Markit
Published by maria gbaf
Posted on August 24, 2021
1 min readLast updated: February 15, 2026
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Company
Published by maria gbaf
Posted on August 24, 2021
1 min readLast updated: February 15, 2026
Add as preferred source on Google(Reuters) – Britain’s competition regulator said on Monday it has started its investigation into whether business information provider S&P Global’s $44 billion purchase of London-based peer IHS Markit Ltd would hurt competition.
S&P Global last year agreed to buy IHS Markit, creating a new data powerhouse serving Wall Street and the corporate world.
The Competition and Markets Authority said it has set a deadline of Oct. 19 for its phase 1 decision. The regulator had invited comments from interested parties in June.
(Reporting by Priyanshi Mandhan in Bengaluru; Editing by Shounak Dasgupta)
S&P Global's acquisition of IHS Markit is valued at $44 billion.
The Competition and Markets Authority is investigating whether the acquisition will harm competition in the market.
The regulator has set a deadline of October 19 for its phase 1 decision regarding the acquisition.
S&P Global agreed to buy IHS Markit last year, aiming to create a new data powerhouse.
Since June, the Competition and Markets Authority has invited comments from interested parties regarding the acquisition.
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