McGraw Hill Financial Inc. Acquires SP Global Ratings
A Historic Merger in the Financial Industry
In a groundbreaking move, McGraw Hill Financial Inc. has announced the acquisition of SP Global Ratings, formerly known as Standard & Poor's. This merger brings together two industry giants, creating a formidable force in the financial information and services landscape.
Key Points about the Merger:
- The merger was completed in April 2016.
- McGraw Hill Financial Inc. acquired the entire operations of SP Global Ratings.
- The combined entity will operate under the name S&P Global Inc.
Benefits of the Merger
This merger is expected to yield several benefits for both companies and their clients:
- Enhanced Data and Analytics: The merger will combine McGraw Hill Financial's data and analytics capabilities with SP Global Ratings' credit ratings and research, creating a comprehensive suite of financial intelligence.
- Increased Market Coverage: The combined entity will expand its coverage of global markets, providing clients with a more comprehensive view of the investment landscape.
- Improved Innovation: By pooling their resources and expertise, McGraw Hill Financial Inc. and SP Global Ratings can accelerate innovation in financial products and services.
Industry Impact
The merger is expected to have a significant impact on the financial industry:
- Increased Competition: The merger will create a formidable competitor to other financial information providers, intensifying competition in the market.
- Improved Credit Ratings Visibility: The combination of SP Global Ratings' credit ratings and McGraw Hill Financial Inc.'s data and analytics will provide investors with greater transparency and access to credit-related information.
- Potential Market Consolidation: The merger may lead to further consolidation in the financial information industry, as other providers seek to gain scale and compete.
Conclusion
The merger of McGraw Hill Financial Inc. and SP Global Ratings is a transformative event in the financial industry. By combining their strengths, these two companies are creating a global financial intelligence powerhouse that will reshape the way investors access and utilize financial information.
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