Item 8.01 Other Events.
On August 2, 2021, IHS Markit Ltd., a Bermuda exempted company limited by shares
(the "Company") and S&P Global Inc., a New York corporation ("S&P Global"),
issued a joint press release announcing the execution of a Stock and Asset
Purchase Agreement (the "Purchase Agreement"), dated as of July 31, 2021, by and
among the Company, S&P Global and News Corporation, a Delaware corporation. The
Purchase Agreement provides, among other things, that, upon the terms and
subject to the conditions set forth therein, the Company will sell all right,
title and interest to certain of its pricing information businesses including
the Oil Price Information Service business and the Coal, Metals and Mining
business to News Corporation for a purchase price of $1.15 billion, subject to
customary adjustments (the "Transaction").
Completion of the Transaction remains subject to customary closing conditions,
including certain regulatory approvals and closing of the pending merger between
the Company and S&P Global. A copy of the joint press release is attached hereto
as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number Description
99.1 Joint Press Release, dated August 2, 2021
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
.
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