The all-share deal will see newly created firm called IHS Markit
Financial data provider Markit and
business analytics firm IHS have agreed to merge in an
all-share deal valued at more than $13 billion, expected to
complete in the second-half of this year.
The newly created company will be called
IHS Markit and will be headquartered in London, as well as
having some operations based in Englewood, Colarado.
Following the combination of the firms,
Jerre Stead, IHS chairman and CEO will become chairman of the
board of directors and CEO of IHS Markit, Lance Uggla, chairman
and CEO of Markit will serve as president and a member of the
board of directors of the new company.
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