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S&P Global (NYSE: SPGI) announced the expiration of its Exchange Offers and Consent Solicitations for IHS Markit Notes as of February 28, 2022. An aggregate of $4.473 billion in IHS Markit Notes was tendered. Holders of these notes will receive $1,000 of S&P Global Notes for every $1,000 of IHS Markit Notes validly tendered. The merger with IHS Markit was completed on the same day, triggering the Amendments to remove restrictive covenants in the indentures. Settlement is expected on March 2, 2022.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) have successfully completed their merger, marking a significant milestone in their collaboration. Following this, a press release and Form 8-K will be issued to provide pro forma operating results and 2022 financial guidance. A conference call is scheduled for March 1, 2022, at 8:00 am ET to discuss the merger's details with investors. This merger is expected to create synergies and improve operational efficiencies, positioning the combined company for enhanced market performance.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) have finalized their merger as of February 28, 2022. A detailed press release and Form 8-K will be issued later today, outlining adjusted operating results and 2022 financial guidance. An investor conference call is scheduled for March 1, 2022, at 8:00 AM ET to discuss the merger's implications. This merger aims to enhance S&P Global's offerings in providing critical intelligence across various markets.
IHS Markit (NYSE: INFO) has announced the winners of the 26th annual Automotive Loyalty Awards. General Motors secured the title for 'Overall Loyalty to Manufacturer' for the seventh consecutive year, retaining 64% of its customers despite inventory shortages. Ford achieved 'Overall Loyalty to Make' for the 12th consecutive time, with a loyalty rate of 60%, mainly due to the popularity of its F-Series pickups. Volkswagen won the inaugural 'Most Improved Alternative Powertrain Loyalty' award, seeing a 17 percentage-point increase thanks to the ID.4 launch.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) have received final regulatory approvals from the UK’s Competition and Markets Authority and the European Commission to complete their merger. The consolidation is expected to close on February 28. S&P Global's CEO, Douglas L. Peterson, expressed optimism about the merger, indicating readiness to enhance customer service and shareholder value. A conference call to discuss a business update and 2022 guidance is scheduled for March 1 at 8am EST.
S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) have received final regulatory approvals from the UK's Competition and Markets Authority and the European Commission for their merger. The companies aim to finalize the merger by February 28, 2022. CEO Douglas L. Peterson expressed optimism about the merger's potential to enhance customer service and shareholder value. A business update conference call is scheduled for March 1, 2022 at 8am EST to discuss future guidance.
Foundation 45 Mitsubishi, located in Spring, Texas, has been recognized in the CARFAX Top-Rated Dealer Program for exceptional customer service. They received a 5-star rating for sales and a 4.5-star rating for service, culminating in an overall rating of 4.5 stars. This recognition is based on feedback from nearly 3.3 million verified customer ratings, marking the dealership as one of the best in the industry. General Manager Juan Martinez expressed gratitude for the community's trust and highlighted their commitment to providing top-notch service.
IHS Markit announced the 2022 class of Energy Innovation Pioneers at the upcoming CERAWeek conference in Houston from March 7-11. This program recognizes pioneering companies developing innovative technologies to support the transition to lower-emissions energy systems. Selected companies include Anax Power, Carbon America, and Commonwealth Fusion Systems. The conference will include sessions focused on advancements in zero-carbon technologies and decarbonization efforts within existing energy systems, highlighting the importance of innovation in the global energy landscape.
Castle Rock Ford has been recognized in the CARFAX Top-Rated Dealer Program, achieving an average rating of 4.6 stars from verified customer reviews. This award highlights the dealership's commitment to exceptional customer service. The recognition is based solely on nearly 3.3 million verified ratings, ensuring that only the best dealers are honored. Managing Partner Jose Medina noted the importance of customer ratings as a testament to their team's dedication. Customers reported positive experiences, emphasizing the dealership's honesty and service.
automotiveMastermind, a part of IHS Markit (NYSE: INFO), has appointed Matt Leone as CEO effective April 1, 2022, promoting him from COO. Co-founder Marco Schnabl will continue as an advisor. Leone joined aM in April 2020, focusing on product strategy and operations. His leadership contributed to double-digit revenue growth in 2020 and 2021, as well as navigating challenges during COVID-19. He aims to further support dealerships and enhance the company culture.
