S&P Global completes sale of Engineering Solutions to KKR for $975M cash

S&P Global Inc.

Purchase price of $975 million in cash, subject to customary adjustments.
Expected after-tax proceeds of approximately $750 million.
Business will operate as an independent company named Accuris.
Local closings in certain jurisdictions expected during balance of 2023.
Sale follows November 2022 divestiture announcement; business acquired via IHS Markit merger.

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