S&p global announces agreement to sell engineering solutions business to kkr

New york , jan. 17, 2023 /prnewswire/ -- s&p global (nyse: spgi) today announced that it has entered into an agreement to sell its engineering solutions business to investment funds managed by kkr, a leading global investment firm and a longstanding customer of s&p global, for $975 million in cash, subject to customary purchase price adjustments.  s&p global currently anticipates the divestiture to result in after-tax proceeds of approximately $750 million, which proceeds are expected to be used to fund share repurchases.
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