BRUSSELS, Oct 22 (Reuters) - EU antitrust regulators on Friday gave conditional approval to business information provider S&P Global Inc's $44 billion acquisition of IHS Markit Ltd.
The deal to create a new data powerhouse was announced last November, as companies seek to create one-stop shops to attract the biggest clients and invest in artificial intelligence and machine learning.
The European Commission said S&P will sell IHS' U.S Oil Pricing Agency Oil Price Information Service (OPIS), PetroChemWire and Coal, Metals and Mining businesses to allay its concerns.
Reuters exclusively reported on Oct. 12 that S&P would win the EU green light for the deal. (Reporting by Foo Yun Chee)