S&P Global to acquire IHS Markit for £32.97 billion

S&P Global Inc. (NYSE: SPGI) said on Monday that it will buy IHS Markit Ltd (NYSE: INFO) for £32.97 billion. The all-stock deal will mark the largest corporate acquisition this year. The two companies were negotiating the mega-deal for the past few months. Following approval from antitrust regulators, the deal is expected to close next year in the second half. CEO Lance Uggla of IHS Markit commented on the news on Monday and said: “The next steps will be to receive regulatory approvals both in the U.S. and the EU, which we expect to take between six to nine months,