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Update: Market Chatter: S&P Global Weighs Sale, Other Options For Mobility Unit
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Update: Market Chatter: S&P Global Weighs Sale, Other Options For Mobility Unit
Apr 30, 2024 12:41 PM

03:20 PM EDT, 04/30/2024 (MT Newswires) -- (Updates with the company's response in the fourth paragraph.)

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.

"We do not comment on market speculation," S&P Global ( SPGI ) told 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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