CPP Investments Sold Around 34% of its Position in IHS Markit Before Summer

Posted on 09/08/2021

June 30, 2021 SEC filings data shows that Canada Pension Plan Investment Board (CPP Investments) sold 7.4 million shares of IHS Markit Ltd., bringing the Canadian pension’s holding down to 14,631,949 shares. The estimated worth of IHS Markit shares sold is estimated at US$ 833.684 million. In late August 2021, the U.K. Competition and Markets Authority started its investigation into whether business information provider S&P Global’s US$ 44 billion acquisition of London-based peer IHS Markit would hurt competition.

In 2016, Englewood, Colorado, U.S.–based IHS (Information Handling Services) and London-based Markit merged.

In the same June period, CPP Investments sold 1,423,000 shares of Alibaba Group Holding Limited with an estimated transaction value of US$ 322.708 million.

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