Reuters reveals S&P’s $44 bln IHS deal set to win EU antitrust approval; market reacts

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Reuters exclusively reported that business information provider S&P Global Inc is set to secure EU antitrust approval for its $44 billion takeover of IHS Markit Ltd, taking it a step closer to becoming a data powerhouse. The deal, announced last November, reflects the consolidation in the financial information services sector as companies race to create one-stop shops to lure the biggest clients and invest in artificial intelligence and machine learning.

The post Reuters reveals S&P’s $44 bln IHS deal set to win EU antitrust approval; market reacts appeared first on Reuters News Agency.

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