---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-009427"
form_type: "8-K"
ticker: "SPGI"
cik: "0000064040"
company_name: "S&P Global Inc."
filed_at: "2023-01-17T23:59:59+00:00"
generated_at: "2026-06-20T14:59:49.113079+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# S&P Global sells Engineering Solutions to KKR for $975M; proceeds for buybacks

## Summary
- S&P Global (SPGI) subsidiary IHS Markit sells Engineering Solutions to KKR for $975M cash, subject to customary adjustments.
- After-tax proceeds estimated at ~$750M, expected to fund share repurchases.
- Transaction expected to close by end of Q2 2023, subject to regulatory approvals and other conditions.
- Engineering Solutions serves over 6,000 customers and 650,000 users globally.
- Divestiture follows November 2022 intent; business acquired via IHS Markit merger.

## SEC filing metadata
- accession: 0001193125-23-009427
- form_type: 8-K
- ticker: SPGI
- cik: 0000064040
- company_name: S&P Global Inc.
- filed_at: 2023-01-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64040/000119312523009427/0001193125-23-009427-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64040/000119312523009427/d324696d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-009427
- JSON: https://secwatch.observer/filing/0001193125-23-009427.json
- Plain text: https://secwatch.observer/filing/0001193125-23-009427.txt

## Key facts
- Material Agreements
  S&P Global Inc. entered into Securities and Asset Purchase Agreement with Allium Buyer LLC, a Delaware limited liability company controlled by funds affiliated with Kohlberg Kravis Roberts & Co. L.P. valued at $975,000,000 in cash (effective 2023-01-14).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Allium Buyer LLC, a Delaware limited liability company controlled by funds affiliated with Kohlberg Kravis Roberts & Co. L.P.
  - Value: $975,000,000 in cash
  - Effective: 2023-01-14
  source text: On January 14, 2023, IHS Markit Ltd., a Bermuda exempted company limited by shares (“Seller”) and an indirect wholly-owned subsidiary of S&P Global Inc. (“SPGI”), entered into a Securities and Asset Purchase Agreement (the “Agreement”) with Allium Buyer LLC, a Delaware limited liability company (“Purchaser”) controlled by funds affiliated with Kohlberg Kravis Roberts & Co. L.P. (“KKR”), pursuant to which Seller has agreed to sell its global engineering solutions business (the “Business”) to Purchaser for $975,000,000 in cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/64040/000119312523009427/0001193125-23-009427-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.