INFO - S&P Global extends deal termination date with IHS Markit until May 29

S&P Global (NYSE:SPGI) agreed to extend the "outside date" for its planned purchase of IHS Markit (NYSE:INFO) until March 29 from today. The extension comes after a report earlier this month that the U.S. Justice Department granted antitrust approval for SPGI's $44B acquisition of INFO after agreeing to certain divestitures. The deal is now awaiting regulatory approval in the U.K. after the companies announced conditional approval from the European Commission last month. S&P also last month said the deal is expected to close in Q1 after earlier forecasting a Q4 close.

For further details see:

S&P Global extends deal termination date with IHS Markit until May 29