INFO - UK Competition and Markets Authority opens probe into S&P Global's planned $44B IHS Markit deal
SeanShot/iStock Unreleased via Getty Images The UK Competition and Markets Authority ("CMA") opened an investigation into S&P Global's (SPGI) planned $44B acquisition of IHS Markit (INFO). Comments to the competition authority are due July 12 and the Phase 1 deadline for the review is TBC, according to the agency's website. Earlier this month, S&P Global CFO said he sees $44B IHS Markit deal closing in the fourth quarter. The company had previously forecast a deal close in the second half of the year. The companies received a request from the U.S. Dept. of Justice 2nd request related to the transaction in March.
For further details see:
UK Competition and Markets Authority opens probe into S&P Global's planned $44B IHS Markit deal