S&P Global gains after report firm weighing carving out Capital IQ Pro platform
01/09/2026 19:09
BUZZ-S&P Global gains after report firm weighing carving out Capital IQ Pro platform ** Financial data firm S&P Global's SPGI.N shares rise 3% to $448.84
** SPGI is considering spinning out its flagship data and research platform Capital IQ Pro, Bloomberg News reports, citing people familiar with the matter
** The unit can fetch a valuation in high single-digit billions of dollars - report
** Capital IQ Pro offers access to more than 60 million private companies and is used by finance professionals to conduct research
** 25 of 29 brokerages rate the stock "buy" or higher and 4 "hold"; median PT $523 - LSEG data
** As of last close, shares down 11.8% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
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