News Corp Acquires Base Chemicals from S&P Global and IHS Markit (Dow Jones/OPIS)
June 1, 2022
News Corp entered into an agreement to acquire the Base Chemicals business for $295 million in a cash transaction, subject to customary adjustments and closing conditions. The acquisition follows a UK Competition and Markets Authority divestment request tied to the S&P Global and IHS Markit merger and is intended to bolster Dow Jones’ Professional Information business alongside OPIS.
- Buyers
- News Corp
- Targets
- Base Chemicals (including Market Advisory and World Analysis services)
- Sellers
- S&P Global, IHS Markit
- Industry
- Data & Analytics
- Location
- United States
- Transaction Type
- Buyout
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