Ihs Markit Merger Agreement


www.barrons.com/articles/s-p-global-and-his-markit-are-merging-in-the-largest-all-stock-deal-of-2020-51606746011 New York Global, which has its roots in rail investments in 1860 and became a stand-alone company in 2011, is known for its credit ratings and data on the international capital and commodity markets. It has a market capitalization of nearly $84 billion. London-based IHS Markit, which was created in 2016 by a new merger, tracks financial market data and is worth $39.5 billion. Webcast: The webcast (audio and slides) will be available live and in an archived version on the Investor Relations website of S-P Global at investor.spglobal.com/Investor-Presentations and ihS Markit`s investor relations site at investor.ihsmarkit.com. (Please copy the URL and insert it into the web browser.) The archived playback will be available from two hours after the end of the live call and will remain available for one year. In accordance with the merger agreement, approved unanimously by the boards of directors of both companies, each share of IHS Markit is exchanged for a fixed ratio of 0.2838 shares of S-P Global Action. At the end of the transaction, the current shareholders of S-P Global will retain approximately 67.75% of the fully diluted combined company, while IHS Markit shareholders will retain approximately 32.25%. Peterson said the new company will be better able to serve these customers. “This merger expands the scope and at the same time complements our combined capabilities,” he said in a press release.

It “strengthens our ability to provide our customers with the intelligence they need to make decisions with conviction.” On March 21, 2016, IHS and Markit announced for the first time the signing of a final agreement that the companies would merge into mergers of shares between equals. IHS Markit has more than 50,000 business and government clients, including 80 percent of Fortune Global 500 and the world`s leading financial institutions, creating significant cross-selling opportunities for multiple sectors and governments. The combined company`s full-year 2015 results include approximately $3.3 billion in revenue, adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) and $800 million in free cashflow. LONDON–(BUSINESS WIRE)-Jul. 12, 2016— IHS Inc. and Markit Ltd. today announced the completion of their announced merger in IHS Markit (Nasdaq: INFO), a new market leader in critical information, analytics and solutions that fuel global economies and markets. IHS Markit will be released tomorrow, July 13, 2016 at the Nasdaq Global Select Market under the trade symbol “INFO.” Investors and securityholders can receive copies of these documents free of charge via the SEC-managed website at www.sec.gov or at S-P Global on its website or by IHS Markit on its website. documents submitted by S-P Global to the SEC, are available for free on the S-P Global website under www.spglobal.com under Investor Relations or by phone at 866-436-8502 (national callers) or 212-438-2192 (international callers) or by mail to S-P Global at Investor Relations, S-P Global Inc., 55 Street Water, New York, NY 10041, NY 10041, and documents, are available free of charge by sending on the IHS Markit website under www.ihsmarkit.com under Investor Relations, or by phone at 303-790-0600 or by mail to IHS Markit at IHS Markit Investor Relations and Corporate Communications, 15 Inverness Way East, Englewood. CO 80112.

Posted Thursday, December 10th, 2020 at 9:14 am
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