SPGI - S&P Global CFO sees $44B IHS Markit deal closing in the fourth quarter

SeanShot/iStock Unreleased via Getty Images S&P Global (SPGI) CFO expects its planned $44B  IHS Markit (INFO) deal to close in the fourth quarter. S&P CFO Ewout Steenbergen made the comments earlier at a Baird conference. The company had previously forecast a deal close in the second half of the year. Last month, S&P Global, IHS Markit said the companies were considering divesting OPIS and coals, metals & mining unit as part of way to obtain antitrust approval for the combination. The companies had received a second Justice Department request for information on the transaction in March. IHS Markit rose 0.39%,while S&P Global gained 0.48%. Also see SA contributor Zen Analyst's piece from last month entitled "S&P Global: Bigger And Stronger After The Merger."

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S&P Global CFO sees $44B IHS Markit deal closing in the fourth quarter