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Acquisitions & Divestitures
U.S. GAAP

Acquisition and divestiture amounts for continuing operations reflect those reported on S&P Global’s U.S. GAAP cash flow statement and are not indicative of actual purchase/sale prices due to purchase price adjustments and other timing differences in payments/receipts. Divestiture amounts also include proceeds received from the disposition of property and equipment. Amounts provided in brackets include discontinued operations.

Divisions:

  • Ratings
    (effective 2016; formerly named “Standard & Poor’s Ratings Services” from 2011 to 2016)
  • Market Intelligence
    (effective 2016; formerly named “S&P Capital IQ” from 2012 to 2015)
  • Platts
    (effective 2016; formerly named “Commodities & Commercial Markets” from 2010 to 2016)
  • Indices
    The S&P Dow Jones Indices joint venture was established in June 2012. The Company began reporting S&P Capital IQ and S&P Dow Jones Indices results separately in 4Q 2012 and recast results for 2010–2012
  • Corporate

Acquisitions

Divestitures

2018 $401 million

  • Pragmatix (acquired by CRISIL)
  • Panjiva
  • RateWatch
  • S&P DJI acquisition of intellectual property rights
  • FiscalNote (venture investment)
  • Kensho Technologies, Inc. (remaining majority stake)
  • Ursa (venture investment)
  • Xpansiv (venture investment)

No material divestitures

 

2017 $83 million

  • CARE Ratings Limited (8.9% interest by CRISIL)
  • Derivatives Service Bureau (minority investment) 
  • Algomi Limited (venture investment)
  • Arbor Ventures (initial venture capital commitment)
  • QuantHouse

 

2016 $177 million

  • TRIS Rating (49% interest)
  • Commodities Flow
  • PIRA Energy Group
  • RigData
  • Trucost Plc. (1)
  • Kensho Technologies, Inc. (initial 2.5% interest)
$1.5 billion

  • Credit Market Analysis
  • Equity and Fund Research
  • Standard & Poor’s Securities
    Evaluations, Inc.
  • J.D. Power

2015

 

$2.4 billion

  • SNL Financial LC
  • Minerals Value Service GmbH (remaining majority stake)
  • NADA Used Car Guide
  • Petromedia Ltd.
$14 million

  • Legacy McGraw Hill Construction investment
2014 $82 million

  • BRC Investor Services S.A.
  • RAM Holdings Berhad (incremental minority interest)
  • Eclipse Energy Group AS
  • Korrelate
  • Broad Market Indices
  • Green Visor (initial venture capital commitment)
$83 million ($403 million including McGraw Hill Construction)

  • McGraw Hill Construction
  • Company aircraft
  • Corporate data center, East Windsor, NJ

Notes:
(1)

In 2018, Trucost was transferred from Indices to Market Intelligence