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INFO - IHS Markit: Closing Out The Chapter On A High Note
IHS Markit Ltd.
IHS Markit outperformed across the top and bottom lines in its latest quarter, with cash levels also higher on stronger cash generation.
Financial services continue to lead the organic growth and margin expansion while resources could see a near-term rebound amid the higher oil price backdrop.
With shares trading below the fixed exchange ratio, I favor holding IHS Markit shares into the upcoming merger.