IHS Markit to boost service with €1.6bn Ipreo deal

IHS Markit, a provider of financial data, will pay around $1.9bn (€1.6bn) to acquire its smaller rival Ipreo from funds managed by Blackstone and Goldman Sachs.

Ipreo provides information to firms raising capital and the transaction is the latest in the financial-data sector, which has been increasing in size. In January, a group led by Blackstone agreed to buy a majority stake in Thomson Reuters’ financial and risk unit in a deal that valued the business at $20bn.

Read the full story here:  https://www.independent.ie/business/world/ihs-markit-to-boost-service-with-16bn-ipreo-deal-36932756.html

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