IHS and Markit, two of the information titans announced of their merger with a $13 billion deal. Once the deal is closed, it will be renamed IHS Markit with a "definitive agreement" for "an all share of equals".
Breaking News
Saudi Arabia overtook India to become the world's biggest weapons importer in 2014, a year when global defense trade rose for the sixth straight year to a record $64.4 billion, research company IHS said on Sunday.
IHS GmbH confirmed that Battery Ventures had acquired the group's shares in Kings Park Capital.
IHS announced that it had collected a total of US$522 million from the IFC and private equity investors.
Battery Ventures, a US-based firm, acquired IHS GmBH from Kings Park Capital but details about the transaction were not disclosed.
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