IFLR1000

IHS/Markit $13 billion merger

21/3/2016
Merger
Select tab

$ 13 billion

Completed

21/3/2016

Overview:

  • Markit and IHS merged to form IHS Markit, which started trading on the Nasdaq Global Select Market on July 13, 2016. 
  • The merger was value at $13 billion.
  • The new entity is based London and will focus on critical information, analytics and solutions. 
  • IHS stockholders received 3.5566 common shares of Markit for each share of IHS common stock.

Rani Mehta - Journalist 

Jurisdictions:

United States
United Kingdom

Deal type:

Merger

Practice area:

M&A

Industry sector:

Consumer goods and services

Firms:
Davis Polk & Wardwell

Party: Markit (Merger party)

Lawyers: H Oliver Smith, Louis Goldberg

Weil Gotshal & Manges

Party: IHS (Merger party)

Lawyer: Michael Aiello

Related deals