KKR to Buy S&P Global’s Engineering Solutions Unit for $975 Million

KKR to Buy S&P Global’s Engineering Solutions Unit for $975 Million
Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York on Aug. 23, 2018. Brendan McDermid/Reuters
Reuters
Updated:

Private equity giant KKR & Co. will buy S&P Global’s engineering solutions business for $975 million, the financial services provider said on Tuesday.

The move comes months after S&P Global said it would sell the unit, which serves more than 6,000 customers in the aerospace, defense, energy and architecture industries, among others.