FactSet to acquire CUSIP Global Services from ABA and S&P Global for $1.9bn.

FactSet, an American financial data and software company, agreed to acquire CUSIP Global Services, a trusted originator of quality identifiers worldwide and the industry standard as a provider of reliable, timely reference data, from American Bankers Association, a trade association for the US banking industry, and S&P Global, an American publicly traded corporation, for $1.9bn. "We are excited to welcome CGS’s talented team to the FactSet family. CGS is a unique asset with tremendous market recognition providing deep alliances across the financial industry. Its core competency in securities identification aligns well with FactSet’s industry leading data management capabilities. We believe this acquisition will greatly benefit FactSet’s clients, employees and shareholders," Phil Snow, FactSet CEO.