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ACCENTURE PLC

(ACN)
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Real-time Estimate Quote. Real-time Estimate Cboe BZX - 07/30 09:35:52 am
318.475 USD   +0.04%
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Accenture : Selected to Lead Merger Integration Planning for S&P Global and IHS Markit

06/09/2021 | 03:03am EDT

Accenture Selected to Lead Merger Integration Planning for S&P Global and IHS Markit


NEW YORK and LONDON; June 9, 2021 - S&P Global, the world's foremost provider of credit ratings, benchmarks and analytics in the global capital and commodity markets, has selected Accenture (NYSE: ACN) to help lead its merger integration planning with IHS Markit, a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The combination of the two companies, announced in November of last year, will result in a world-class organization that will power the markets of the future. According to S&P Global, the merger is expected to close in the second half of 2021. Accenture will lead the merger integration planning and organizational design work for the combined entity, including all business divisions and corporate functions globally. It will draw from the best practices of both companies to ensure continuity while also maximizing value for customers, employees, shareholders, and other key stakeholders. 'Accenture's merger integration expertise will help us to create a combined business that will increase the value we bring to our customers and the market,' said Martina Cheung, president of S&P Global Market Intelligence, head of S&P Global Sustainable1, and integration management office lead for S&P Global. 'We welcome their partnership in designing a high-performing organization that preserves the best of both companies and cultures.' Adam Markson, who leads Accenture's Capital Markets industry group in the U.K. and Ireland, said, 'As the need for advanced data and analytics proliferates across all industries, the combination of S&P Global and IHS Markit creates a unique and highly complementary offering. We will leverage our global footprint, strategy, technology and operations expertise, and industry specialization to help S&P Global and IHS Markit deliver to achieve the combined entity's potential.' 'Bringing a value-led approach powered by digital tools, we're helping S&P Global and IHS Markit define an integration roadmap to create a new combined company, accelerate innovation and deliver enhanced value for customers, employees and shareholders,' added J. Neely, Accenture Strategy managing director and global M&A lead.
About Accenture Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services - all powered by the world's largest network of Advanced Technology and Intelligent Operations centers. Our 537,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com Accenture's Capital Markets industry group helps wealth and asset managers, investment banks and exchanges rethink their business models, manage risk, redefine workplace strategies and improve operational efficiency to prepare for the digital future. To learn more, visit https://www.accenture.com/us-en/industries/capital-markets-index.

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Contact: Michael McGinn Accenture +1 312 693 5707
m.mcginn@accenture.com Copyright © 2021 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture.

Disclaimer

Accenture plc published this content on 09 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 June 2021 07:02:02 UTC.


© Publicnow 2021
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Financials (USD)
Sales 2021 50 525 M - -
Net income 2021 5 898 M - -
Net cash 2021 8 546 M - -
P/E ratio 2021 35,0x
Yield 2021 1,11%
Capitalization 202 B 202 B -
EV / Sales 2021 3,83x
EV / Sales 2022 3,45x
Nbr of Employees 506 000
Free-Float 100%
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Number of Analysts 26
Last Close Price 318,35 $
Average target price 316,75 $
Spread / Average Target -0,50%
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Julie Spellman Sweet Chief Executive Officer & Director
KC McClure Chief Financial Officer
David P. Rowland Executive Chairman
Paul R. Daugherty Group Chief Executive Officer-Technology Division
Penelope Prett Chief Information Officer
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