About This Deal

News Corporation acquired Oil Price Information Service (OPIS) for US$1.15 billion cash, a transaction announced in February 2022.

Dow Jones acquired the energy pricing, news and analytics business from S&P Global and IHS Markit, making it a leading provider of energy and renewables information.

Dow Jones acquired the energy pricing, news and analytics business from S&P Global and IHS Markit, making it a leading provider of energy and renewables information.

Deal Terms

Acquirer
News Corporation
Target
Oil Price Information Service (OPIS)
Value
US$1.15 billion cash
Date
February 2022
Type
Full acquisition
Status
Completed

Transaction Details

Announced
February 2022

In Their Words

The acquisition enables Dow Jones to become a leading provider of energy and renewables information and furthers its goal of building the leading global business news and information platform for professionals.

Advisors

Advisory firms were not disclosed for this transaction.

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Sources: Press release ↗

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