01:50 PM EDT, 04/30/2024 (MT Newswires) -- (Updates with additional details in the second paragraph and onwards.)

S&P Global ( SPGI ) is considering options for its mobility business, including a complete sale of the unit, Reuters reported Tuesday, citing three people with knowledge of the matter.

The unit could be valued at over $12 billion, two of the people said, Reuters reported.

In recent months, private equity firms have expressed interest in the unit, but no decision had been made, sources said, according to Reuters.

A spokesperson for S&P Global ( SPGI ) declined to comment to Reuters.

S&P Global ( SPGI ) did not immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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