(Il Sole 24 Ore Radiocor) – Milano, 27 ott – S&P Global said it was planning a strategic review that could lead to the spinoff of its Capital IQ unit and associated data businesses, including its artificial-intelligence division.
The company has initiated a strategic review of alternatives, including potential separation, for Capital IQ and associated data businesses, which constitute the majority of Kensho Data & Platforms within Market Intelligence, it said in a statement.
While the exact perimeter remains under review, the company said it expected to retain RatingsDirect, RatingsXpress, and Enterprise Solutions.
“The businesses that are part of the strategic review are strong and have significant opportunities ahead of them as technology changes how customers access, analyze, and use information,” president and CEO Martina Cheung said.
About S&P Global Ratings
At S&P Global Ratings, our analyst-driven credit ratings, research, and sustainable finance opinions provide critical insights that are essential to translating complexity into clarity so market participants can unlock opportunities and make decisions with conviction. By bringing transparency to the market through high-quality independent opinions on creditworthiness, we enable growth across a wide variety of organizations, including businesses, governments, and institutions. S&P Global Ratings is a division of S&P Global (NYSE: SPGI). Learn more at www.spglobal.com/ratings.
Source: borsaitaliana.it
