Initial thoughts on $SPGI - $INFO potential tie-up:
S&P Global is making a play for a data giant with high recurring revenue & attractive overlaps in energy & index products. The potential synergies & impact to both sets of customers are massive.
More below:
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What is S&P Global
$SPGI? 46% Ratings - largest global credit rating agency 26% Market Intelligence - financial data platforms 13% Platts - energy data & analytics 14% Indices - fees earned on index AUM licensed to SPGIpic.twitter.com/WufcgbYLh8
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@bizalmanac highlights, the deal does look expensive on first glance, but in today's environment I think the "strategic sense" the transaction makes will overall please investors. Should be a fun week of news ahead!https://twitter.com/bizalmanac/status/1333214170515460097?s=20 …Show this thread
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