S&P Global to spin off S&P Global Mobility.

S&P Global, an essential intelligence provider, agreed to spin off S&P Global Mobility, an automotive industry data and analysis provider. Financial terms were not disclosed. "S&P Global is a leader providing essential intelligence with a proven history of strong financial performance and durable growth. Separating Mobility will allow us to continue to focus on our core businesses and pursue our growth strategy," Martina L. Cheung, S&P Global President and CEO.