S&P Global Considers Spinout of Capital IQ Pro Valued in Billions
S&P Global is weighing a potential spinout of Capital IQ Pro into a standalone business that could be valued in the high single-digit billions, Bloomberg reported. The separation would aim to unlock value in the financial data platform and give it greater independence while letting the company focus on remaining businesses. Talks are preliminary and a deal is not certain.
Coverage (5)
- S&P Global Weighs Spinning Off Capital IQ Pro Into Multibillion (finance.biggo.com)
- S&P Global (SPGI) Explores A Capital IQ Pro Spinoff, Is It Fully Priced? (simplywall.st)
- S&P Global weighs multibillion-dollar spinout of Capital IQ Pro: Report (economictimes.com)
- Dollar Spinout of Data Platform Capital IQ (bloomberg.com)
- S&P Global reportedly considers multibillion-dollar spinout of Capital IQ platform (cryptobriefing.com)