S&P Global exploring spinoff of Capital IQ Pro
S&P Global is reportedly in early-stage talks to spin off its Capital IQ Pro data and research platform into a standalone company potentially worth high single-digit billions, possibly via a public listing. The company's stock rose about 3% on the news, though talks remain preliminary and could be abandoned.
Detected & updated continuously · Source: Nebula
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@Sam_Badawi
S&P Global $SPGI is reportedly considering spinning out Capital IQ Pro into a standalone company that could be worth high single-digit billions. The company is still in the early stages and could pursue a public listing for the data and research platform. https://t.co/5NC18hNnLp
@theincomewheel
S&P Global is exploring a spinoff of Capital IQ Pro. Possible standalone valuation: high single-digit billions. $SPGI just ripped +3% on the news. A public CapIQ would compete directly with FactSet and LSEG’s data business. Talks are still early. They could walk away. Value https://t.co/VUS1FdS6vG