AP Business

AP Business


IHS and Markit combining in deal valued at more than $13B

March 21, 2016

NEW YORK (AP) — Data providers IHS and Markit are combining in an all-stock deal worth more than $13 billion.

IHS Inc. shareholders will own about 57 percent of the company, with Markit Ltd. shareholders owning 43 percent.

The new company, based in L...