S&P Global Completes Sale of PrimeOne
S&P Global (NYSE: SPGI) has completed the sale of its PrimeOne business to TS Imagine, a provider of trading, portfolio, and risk management solutions.
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Rhea-AI Summary
S&P Global (NYSE: SPGI) has completed the sale of its PrimeOne business to TS Imagine, a provider of trading, portfolio, and risk management solutions. The transaction is not materially significant to S&P Global, and financial terms were not disclosed. The deal includes local closings in certain jurisdictions expected over the coming months. PrimeOne had been acquired through S&P Global's merger with IHS Markit in 2022.
Details
News Market Reaction – SPGI
The recorded move for SPGI in the trading session of this news was +0.61%.
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AI-generated analysis. How Rhea-AI works. Not financial advice.
The transaction will include local closings in certain jurisdictions, which are expected to occur over the following few months. PrimeOne became part of S&P Global following the company's merger with IHS Markit in 2022.
About S&P Global
S&P Global (NYSE: SPGI) provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through sustainability and energy transition across supply chains, we unlock new opportunities, solve challenges, and accelerate progress for the world.
We are widely sought after by many of the world's leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world's leading organizations plan for tomorrow, today. For more information, visit www.spglobal.com.
Investor Relations:
Mark Grant
Tel: +1 347 640 1521
Mark.Grant@spglobal.com
Media Contacts:
Christina Twomey
S&P Global
+1 410 382-3316
christina.twomey@spglobal.com
Farhan Husain
S&P Global Market Intelligence
+1 347 213 0065
farhan.husain@spglobal.com
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SOURCE S&P Global
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