S&P Global is weighing a potential spinout of Capital IQ Pro, its flagship financial data and research platform, in a move that could create a standalone company worth several billion dollars, Bloomberg reported.
The discussions are at an early stage and may not result in a transaction, according to people familiar with the matter cited by Bloomberg. One option under consideration is to list the business separately, with Capital IQ Pro potentially fetching a valuation in the high single-digit billions of dollars, the people said.