News Corp to Acquire the Base Chemicals Business for $295 Million Cash

News Corp to Acquire the Base Chemicals Business for $295 Million Cash
A view of the exterior of the Nasdaq market site in the Manhattan borough of New York on Oct. 24, 2016. Shannon Stapleton/Reuters
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News Corp agreed to acquire the Base Chemicals business for $295 million cash from S&P Global Inc. and IHS Markit Ltd.

Base Chemicals will become part of Dow Jones’s Professional Information Business, alongside OPIS, the energy and renewables data and information business.