The stock market listing of IHS Markit (INFO) has ended with S&P Global (SPGI) buying INFO. This $43.5 billion deal was announced on November 30, 2020.
INFO last raised its quarterly dividend by 17.6 percent to 20 cents per share in 2021. This marked the first dividend hike announced by financial markets data provider since it started paying a quarterly dividend of $0.17 per share in the first quarter of 2020.
IHS Markit Ltd. delivers data, insight, and software to major industries, financial markets and governments worldwide. The company is organised into four industry-focused segments: Resources, Transportation, Consolidated Markets & Solutions and Financial Services. The Financial Services segment includes the company's financial information, processing and solutions product offerings, as well as product offerings of the acquired company Ipreo. IHS was in business since 1959 and became a public company in 2005. Markit was founded in 2003 and went public in 2014 with the IHS merger being completed in 2016.