The CMA announced the launch of its merger inquiry into the anticipated acquisition by S&P Global Inc. of IHS Markit Ltd. The deadline for the CMA to announce its decision whether to refer the deal for a phase 2 probe is 19 October 2021.

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RTTNews | Aug 23, 2021 09:25AM EDT

09:24 Monday, August 23, 2021 (RTTNews.com) - The CMA announced the launch of its merger inquiry into the anticipated acquisition by S&P Global Inc. of IHS Markit Ltd. The deadline for the CMA to announce its decision whether to refer the deal for a phase 2 probe is 19 October 2021.

In November, 2020, S&P Global (SPGI) and IHS Markit (INFO) entered into a definitive merger agreement to combine in an all-stock transaction which values IHS Markit at an enterprise value of $44 billion, including $4.8 billion of net debt. Following closing, the company will be headquartered in New York.

Read the original article on RTTNews ( https://www.rttnews.com/3220509/cma-to-investigate-s-p-global-ihs-markit-deal-quick-facts.aspx)

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