NYSE:SPGICapital Markets
S&P Global Plans Mobility Spin Off Raising Questions On Future Mix
S&P Global plans to spin off its Mobility business into a standalone public company.
The new entity will be renamed Mobility Global, Inc.
The separation is expected to create a focused Mobility business with its own capital structure and governance.
S&P Global (NYSE:SPGI), recently trading around $468.21, is moving to separate its Mobility unit into an independent, publicly traded company. For existing shareholders, this is a structural change that could alter how they view the mix of data,...