Monday, March 21, 2016

IHS to buy data provider Markit

IHS shareholders will own about 57% percent of the combined company, which would have a total value of more than $13bn

US business research provider IHS is to buy Markit in an all-stock deal that values the London-based financial data provider at about $5.9bn (£4.09bn).

IHS shareholders will own about 57% of the combined company, which would have a total value of more than $13bn, while Markit shareholders will own the rest.

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from Mergers and acquisitions | The Guardian http://ift.tt/1S08SgU

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