S&P Global To Acquire Panjiva For High Machine Intelligence
Zacks Investment Research | Feb 20, 2018 10:10PM ET
S&P Global Inc. (NYSE:SPGI) has inked a deal to acquire the New York-based data analytics private company, Panjiva Inc. The terms and conditions of the buyout remain undisclosed. S&P Global’s management expects the deal to help enhance its Global Market Intelligence's data and analytical offerings for diverse customers throughout the world, generating higher top-line growth.
Panjiva — a leader in machine learning and data analytics — provides deep, differentiated, sector-relevant insights on global supply chains, leveraging data science and technology to make sense of large, unstructured datasets. It offers customers macro data covering 95% of global trade flows and transactional data covering 35% of the same. The transaction, therefore, is likely to be profitable for S&P Global’s future earnings expectations.
However, S&P Global does not expect the deal to have any material impact on its adjusted earnings per share in 2018 and is likely to be accretive in 2019 once the return on capital invested exceeds the company's hurdle rate post integration.
By and large, market prospects too seem to be favorable for the acquirer on the back of Panjiva’s core strength in leveraging machine intelligence in combining 1 billion transaction records into a proprietary supply-chain graph that will be attributable to S&P Global’s market intelligence segment. It provides risk evaluation, investment research and data to potential investors, corporations, governments, financial institutions, investment managers and financial advisors globally.
S&P Global has outperformed the Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.