News completed the acquisition of the base chemicals business of IHS Markit and S&P Global for $295m.

News, a media and publishing company, completed the acquisition of the base chemicals business of financial data analytics companies IHS Markit and S&P Global, for $295m. “We are delighted with the opportunistic acquisition of Base Chemicals, which complements our purchase of OPIS, and will certainly strengthen the highly profitable and decidedly digital Professional Information Business at Dow Jones. From setting price benchmarks for chemicals, to tracking renewables and monitoring resource trends that impact most companies, we expect the incomparable intelligence of Base Chemicals, combined with the news and analysis of Dow Jones, will be formidable and lucrative," Robert Thomson, News CEO.