S&P Global (SPGI) and The London Stock Exchange Group (LNSTY) are among the possible bidders for Preqin, a U.K. data provider that focuses on the private equity industry, Reuters’ Amy-Jo Crowley and Milana Vinn report. According to four people with knowledge of the situation, Preqin’s owners are considering options including a full sale of the business, and are being advised by Goldman Sachs (GS). S&P already has a strategic partnership with Preqin to share data on their respective platforms, Reuters says.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SPGI:
- UK Stocks: BP Shares Decline on S&P Credit Outlook Downgrade
- S&P Dow Jones says ‘taking appropriate steps to mitigate’ future interruptions
- Here’s what Wall Street experts are saying about Cisco ahead of earnings
- S&P Global Commodity Insights Acquires World Hydrogen Leaders
- Largest borrow rate increases among liquid names
Questions or Comments about the article? Write to editor@tipranks.com