S&P Global Weighs Capital IQ Pro Spin-Off at Potential $7ā9 Billion Valuation
š S&P Global is in the early stages of considering a spin-off of Capital IQ Pro, with one option involving a separate public listing. Bloomberg cited people familiar with the matter, while S&P has not officially confirmed the plan.
š° The potential valuation discussed is around $7ā9 billion. Capital IQ Pro is part of the Market Intelligence business and provides data on more than 60 million private companies, though the review remains preliminary and may not lead to a transaction.
š SPGI shares briefly rose about 3ā4% after the report before closing 1% higher at $440.21, suggesting a positive but cautious market reaction.
š¤ The report is notable as S&P has continued investing in CapIQ, private-market data and AI tools, while also completing the spin-off of its Mobility business in July.
#SPGI $BTC
š S&P Global is in the early stages of considering a spin-off of Capital IQ Pro, with one option involving a separate public listing. Bloomberg cited people familiar with the matter, while S&P has not officially confirmed the plan.
š° The potential valuation discussed is around $7ā9 billion. Capital IQ Pro is part of the Market Intelligence business and provides data on more than 60 million private companies, though the review remains preliminary and may not lead to a transaction.
š SPGI shares briefly rose about 3ā4% after the report before closing 1% higher at $440.21, suggesting a positive but cautious market reaction.
š¤ The report is notable as S&P has continued investing in CapIQ, private-market data and AI tools, while also completing the spin-off of its Mobility business in July.
#SPGI $BTC
