- Title:
S&P Global / IHS Markit - Time:
12:00:01 - Date:
26 Oct 2021 - Category:
Acquisitions and alliances - ID:
1837Q
CMA to look at S&P Global Inc. and IHS Markit Ltd.'s undertakings offer in detail
Anticipated acquisition by S&P Global Inc. of IHS Markit Ltd.
On 19 October 2021, the CMA announced that it is or may be the case that the above Merger has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom.
On 20 October 2021, S&P Global Inc and IHS Markit Ltd. offered undertakings to the CMA. The CMA has considered the undertakings offered and today announced that it considers that there are reasonable grounds for believing that the undertaking offered, or a modified version of it, might be accepted by the CMA to remedy the substantial lessening of competition identified by the CMA.
The CMA now has until 30 December 2021 to decide whether to accept the undertaking, with the possibility to extend this timeframe to 25 February 2022 if it considers there are special reasons for doing so.
The text of this decision will be placed on the Competition and Markets Authority's web site at https://www.gov.uk/cma-cases as soon as is reasonably practical.
In the event of media enquiries please email Press@cma.gov.uk on 02037386460.
S&P Global / IHS Markit12:00:0126 Oct 2021Acquisitions and alliances1837Q