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On the Record · IHS Markit

IHS Markit acquisitions, on the record

The businesses IHS Markit bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Aerospace & Defense (A&D) product portfolio
Word for word“On December 2, 2019, we completed the sale of our A&D product portfolio to a private equity firm for approximately $470 million.” 10-K for 2019
divestitureOn December 2, 2019approximately $470 million
TMT market intelligence assets (majority of Technology, Media & Telecom offerings)
Word for word“Our CMS segment includes our Product Design offerings, which represented approximately 66 percent of the segment’s revenue for 2019, our Economics and Country Risk offerings, which represented approximately 21 percent of the segment’s revenue for 2019, and our Technology, Media & Telecom offerings, the majority of which were divested in August 2019.” 10-K for 2019
divestitureAugust 2019—
Agribusiness
Word for word“Acquisition-related revenue growth for 2019 was primarily due to the Ipreo acquisition in the third quarter of 2018, as well as the Agribusiness acquisition in the third quarter of 2019, partially offset by the TMT market intelligence assets divestiture in the third quarter of 2019.” 10-K for 2019
acquisitionthird quarter of 2019—
Three acquisitions completed in the year ended November 30, 2019 (aggregate)
Word for word“We completed three acquisitions during the year ended November 30, 2019 for a total purchase price of approximately $0.1 billion, offset by one divestiture for approximately $0.2 billion.” 10-K for 2019
acquisitionduring the year ended November 30, 2019—
One divestiture in 2019 (aggregate, TMT market intelligence assets)
Word for word“We completed three acquisitions during the year ended November 30, 2019 for a total purchase price of approximately $0.1 billion, offset by one divestiture for approximately $0.2 billion.” 10-K for 2019
divestitureduring the year ended November 30, 2019approximately $0.2 billion
Ipreo
Word for word“The Ipreo acquisition in the third quarter of 2018 accounted for the acquisitive growth in 2018 and 2019, as well as providing a strong contribution to organic revenue growth in the last four months of 2019.” 10-K for 2019
acquisitionthird quarter of 2018—
Three acquisitions completed in the year ended November 30, 2018 (aggregate)
Word for word“We completed three acquisitions during the year ended November 30, 2018 for a total purchase price of approximately $1.9 billion.” 10-K for 2019
acquisitionduring the year ended November 30, 2018—
aM (remaining 78 percent acquired in 2017)
Word for word“For example, in 2017, we acquired 78 percent of aM; in exchange for the remaining 22 percent, we issued equity interests in aM’s immediate parent holding company to aM’s founders and certain employees.” 10-K for 2019
acquisition2017—
Two acquisitions completed in 2017 (aggregate)
Word for word“In 2017, we completed two acquisitions for a total purchase price of approximately $0.4 billion.” 10-K for 2019
acquisitionIn 2017—
OPIS
Word for word“Mr. Crotty joined IHS Markit in 2016 through the acquisition of OPIS, where he was the Chief Executive Officer since 2002.” 10-K for 2019
acquisition2016—
A&D business line
Word for word“We divested our A&D business line on December 2, 2019.” 10-K for 2020
agreed divestitureDecember 2, 2019—
S&P Global Inc.
Word for word“On November 29, 2020, we, S&P Global Inc., a New York corporation (“S&P Global”), and Sapphire Subsidiary, Ltd., a Bermuda exempted company limited by shares and a wholly-owned subsidiary of S&P Global (“Merger Sub”), entered into an agreement and plan of merger, which was subsequently amended on January 20, 2021, pursuant to which Merger Sub will merge with and into IHS Markit, with IHS Markit surviving such merger as a wholly-owned, direct subsidiary of S&P Global (the “merger”).” 10-K for 2020
agreed acquisitionOn November 29, 2020—
Markit Ltd.
Word for word“IHS Markit Ltd. (“IHS Markit” or “we” or “us” or “our”) was formed in 2016 through a merger of IHS Inc., which had been in business since 1959 and was publicly traded since 2005, and Markit Ltd., which was founded in 2003 and was publicly traded since 2014.” 10-K for 2020
merger——
TMT market intelligence assets
Word for word“The acquisition-related revenue decline for 2020 was primarily due to the A&D business line divestiture that we completed at the beginning of 2020 and the TMT market intelligence assets divestiture in the third quarter of 2019, partially offset by the Agribusiness acquisition in the third quarter of 2019.” 10-K for 2020
divestiturethird quarter of 2019—
aM
Word for word“For example, in 2017, we acquired 78 percent of aM; in exchange for the remaining 22 percent, we issued equity interests in aM’s immediate parent holding company to aM’s founders and certain employees.” 10-K for 2020
acquisitionin 201778 percent
OPIS group (Oil Price Information Services; Coal, Metals and Mining; and Petrochem Wire businesses)
Word for word“As a result of regulatory feedback, we decided to sell our Oil Price Information Services; Coal, Metals and Mining; and Petrochem Wire businesses (collectively, the “OPIS group”) and have entered into an agreement to sell the OPIS group to News Corp for approximately $1.15 billion in cash.” 10-K for 2021
agreed divestiture—approximately $1.15 billion in cash
Base Chemicals business
Word for word“We also decided to sell our Base Chemicals business in response to regulatory feedback and in December 2021, we entered into an agreement to sell that business to News Corp for approximately $295 million in cash.” 10-K for 2021
agreed divestitureDecember 2021approximately $295 million in cash
TMT benchmarking offerings
Word for word“In December 2021, we divested this business as part of our efforts to rationalize our product offering portfolio.” 10-K for 2021
divestitureDecember 2021—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-11-30$1.01 billion$5.08 billion
2017-11-30$401.1 million$370.7 million
2018-11-30$1.88 billion—
2019-11-30$136.5 million—
2020-11-30$4.7 million—
2021-11-30$46.9 million—

Deal filings since 2016

Read from IHS Markit’s annual reports (10-K for 2021, 10-K for 2020, 10-K for 2019) and the financial data it files with the SEC, as of 2022-01-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.