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S&P Global Completes Sale of PrimeOne

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S&P Global (NYSE: SPGI) has completed the sale of its PrimeOne business to TS Imagine, a provider of trading, portfolio, and risk management solutions. The transaction is not materially significant to S&P Global, and financial terms were not disclosed. The deal includes local closings in certain jurisdictions expected over the coming months. PrimeOne had been acquired through S&P Global's merger with IHS Markit in 2022.

S&P Global (NYSE: SPGI) ha completato la vendita della sua attività PrimeOne a TS Imagine, un fornitore di soluzioni per il trading, la gestione dei portafogli e la gestione dei rischi. La transazione non è materialmente significativa per S&P Global e i termini finanziari non sono stati divulgati. L'accordo prevede chiusure locali in alcune giurisdizioni che ci si aspetta avverranno nei prossimi mesi. PrimeOne era stata acquisita attraverso la fusione di S&P Global con IHS Markit nel 2022.

S&P Global (NYSE: SPGI) ha completado la venta de su negocio PrimeOne a TS Imagine, un proveedor de soluciones de negociación, gestión de portafolios y gestión de riesgos. La transacción no es materialmente significativa para S&P Global y los términos financieros no se han divulgado. El acuerdo incluye cierres locales en ciertas jurisdicciones que se esperan en los próximos meses. PrimeOne fue adquirida a través de la fusión de S&P Global con IHS Markit en 2022.

S&P Global (NYSE: SPGI)는 거래 및 포트폴리오 관리, 위험 관리 솔루션 제공업체인 TS Imagine에 PrimeOne 사업을 매각 완료했습니다. 이 거래는 S&P Global에 중대한 영향을 미치지 않으며, 재정적 조건은 공개되지 않았습니다. 이번 거래는 향후 몇 달간 특정 지역에서의 지역 마감이 포함됩니다. PrimeOne은 2022년 S&P Global과 IHS Markit의 합병을 통해 인수되었습니다.

S&P Global (NYSE: SPGI) a finalisé la vente de son activité PrimeOne à TS Imagine, un fournisseur de solutions de trading, de gestion de portefeuille et de gestion des risques. La transaction n'est pas significative sur le plan matériel pour S&P Global et les conditions financières n'ont pas été divulguées. L'accord comprend des closings locaux dans certaines juridictions qui devraient avoir lieu dans les mois à venir. PrimeOne a été acquis par le biais de la fusion de S&P Global avec IHS Markit en 2022.

S&P Global (NYSE: SPGI) hat den Verkauf seines PrimeOne Geschäfts an TS Imagine abgeschlossen, einen Anbieter von Handels-, Portfolio- und Risikomanagementlösungen. Die Transaktion ist für S&P Global nicht von wesentlicher Bedeutung und die finanziellen Einzelheiten wurden nicht bekannt gegeben. Der Deal umfasst lokale Abschlüsse in bestimmten Rechtsordnungen, die in den kommenden Monaten erwartet werden. PrimeOne wurde im Jahr 2022 durch die Fusion von S&P Global mit IHS Markit erworben.

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Insights

The divestiture of PrimeOne represents a strategic portfolio optimization move by S&P Global, though its immaterial financial impact suggests it was a non-core asset. The sale to TS Imagine, a specialized financial technology provider, indicates a focused approach to streamlining operations post-IHS Markit merger. Without disclosed financial terms, the transaction's direct value remains unclear, but the phased closing across jurisdictions points to a complex, multi-market operation. The move aligns with S&P Global's broader strategy of maintaining focus on its core ratings, indices and market intelligence segments.

NEW YORK, Nov. 1, 2024 /PRNewswire/ -- S&P Global (NYSE: SPGI) today announced that it has completed the sale of its PrimeOne business to TS Imagine, a global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions. The transaction does not have material impact to S&P Global and the financial terms of the transaction were not disclosed.

The transaction will include local closings in certain jurisdictions, which are expected to occur over the following few months. PrimeOne became part of S&P Global following the company's merger with IHS Markit in 2022.

About S&P Global
S&P Global (NYSE: SPGI) provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through sustainability and energy transition across supply chains, we unlock new opportunities, solve challenges, and accelerate progress for the world.

We are widely sought after by many of the world's leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world's leading organizations plan for tomorrow, today. For more information, visit www.spglobal.com.

Investor Relations:
Mark Grant
Tel: +1 347 640 1521
Mark.Grant@spglobal.com

Media Contacts:
Christina Twomey
S&P Global
+1 410 382-3316
christina.twomey@spglobal.com

Farhan Husain
S&P Global Market Intelligence
+1 347 213 0065
farhan.husain@spglobal.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/sp-global-completes-sale-of-primeone-302294172.html

SOURCE S&P Global

FAQ

When did S&P Global complete the sale of PrimeOne?

S&P Global completed the sale of PrimeOne to TS Imagine on November 1, 2024.

Who acquired S&P Global's PrimeOne business?

TS Imagine, a global provider of trading, portfolio, and risk management solutions for financial institutions, acquired PrimeOne from S&P Global.

How did S&P Global originally acquire PrimeOne?

PrimeOne became part of S&P Global through its merger with IHS Markit in 2022.

Is the PrimeOne sale material to S&P Global's business (SPGI)?

No, according to the announcement, the transaction does not have a material impact on S&P Global.

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