S&P Global in the divestiture of its CUSIP Global Services Business to FactSet Research Systems, Inc.
On December 27th, 2021, S&P Global and IHS Markit announced an agreement to sell S&P Global’s CUSIP Global Services business, which it operates on behalf of the American Bankers Association, to FactSet Research Systems Inc. in a cash transaction valued at $1.925 billion.
The sale represents an important milestone on the path to regulatory approval for the S&P Global – IHS Markit merger.
Wachtell, Lipton, Rosen & Katz served as legal advisor to S&P Global.