- S&P Global was reported by WSJ to be in advanced talks to acquire IHS Markit for around $44 billion.
- As with many companies, IHS Markit has seen some disruptions to its businesses amid the COVID-19 pandemic.
- However, it is doing well on its own, and analysts have projected healthy revenue growth in the next few years.
- A Financial Times report highlighted that large exchanges have been eyeing a takeover of IHS Markit. A bidding war would be nice.
- The potential of synergies from the acquisition through cost savings and cross-selling should justify the around 20 percent premium.
For further details see:
IHS Markit: Thoughts On The Acquisition Talks By S&P Global