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		</div><p>S&;P Global is buying IHS Markit in a 44 billion US dollar (£32.9 billion) all-stock deal that brings together two of the largest data providers to Wall Street.</p>
<p>Each share of IHS Markit common stock will be exchanged for a fixed ratio of 0.2838 shares of S&;P Global stock.</p>
<p>Current S&;P Global shareholders will own approximately 67.75% of the combined company, while shareholders of IHS Markit, based in London, will own about 32.25%.</p>
<p>The transaction puts IHS Markit’s enterprise value at 44 billion dollars, including 4.8 billion dollars (£3.5 billion) of debt.</p>
<p>The combined company will be headquartered in New York, where S&;P Global is based, with a substantial presence in key global markets across North America, Latin America, EMEA and Asia Pacific.</p>
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<p>Douglas Peterson, the CEO of S&;P Global, will hold that title at the combined company. Lance Uggla, chairman and CEO of IHS Markit, will become a special adviser to the company for a year after the deal closes.</p>
<p>The transaction is expected to close in the second half of next year. It needs the approval of both companies’ shareholders.</p>
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