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European Union approves CME Group and IHS Markit’s joint venture

The statement said:

The proposed transaction is largely complementary, and results in a few technically overlapping areas between the companies’ activities relating to trade processing products.

The new joint venture will provide trade processing and risk mitigation services for global OTC markets across interest rate, FX, equity and credit asset classes.

Business information provider S&P Global Inc is in the process of acquiring IHS Markit in a a deal worth $44 billion in stock. The merger has been approved by the shareholders of both companies and by the Commission.

Steffy Bogdanova

Steffy Bogdanova

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.

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