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Markit announces merger with IHS

21st March 2016 Church News.

Business analytics specialist IHS and financial information services firm Markit have signed an agreement for an all-share merger of equals, creating a new information provider to serve the financial services, energy and transportation sectors. The combined company, to be called IHS Markit, will have over 50,000 key customers – largely financial institutions on the Markit side and major corporations from IHS – including 75 per cent of Fortune Global 500 companies. It will be headquartered in London, with “certain key operations” based in Englewood, Colorado.