S&P Global Inc. and IHS Markit Ltd. announced they have entered into a definitive merger agreement to combine in an all-stock transaction which values HIS Markit at an enterprise value of $44 billion, including $4.8 billion of net debt. Douglas Peterson, President and Chief Executive Officer of S&P Global, will serve as CEO of the combined company. Lance Uggla, Chairman and Chief Executive Officer of IHS Markit, will stay on as a special advisor to the company for one year following closing.