🤖 S&P Global Weighs Multibillion-dollar Spinout of Capital
Published by OOPSONLINE.IN · Source: The Economic Times · 1 min read · · Updated
What actually happened
S&P Global is considering spinning off Capital IQ Pro into a standalone company that could be valued in the high single-digit billions of dollars, Bloomberg reported. The move could unlock value from its financial data platform as demand for proprietary data grows with artificial intelligence and reshape S&P Global's portfolio under CEO Martina Cheung.
Key points
- S&P Global is considering spinning off Capital IQ Pro into a standalone company that could be valued in the high single-digit billions of dollars, Bloomberg reported.
- The move could unlock value from its financial data platform as demand for proprietary data grows with artificial intelligence and reshape S&P Global's portfolio under CEO Martina Cheung.
Summary based on data provided by The Economic Times. Full article available at the original publisher.
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