IHS Markit and Informa to Exchange Business Units

Informa Agribusiness Intelligence to be transferred in full to IHS
Markit and the majority of the IHS Markit TMT business to be transferred
to Informa

LONDON–(BUSINESS WIRE)–IHS Markit (Nasdaq: INFO), a world leader in critical information,
analytics and solutions, and Informa (LSE: INF.L), the international
exhibitions, events, information services and scholarly research group,
today announced the exchange of the majority of the IHS Markit
Technology, Media and Telecoms (TMT) intelligence business for Informa’s
Agribusiness Intelligence group.

“This agreement is very positive for both IHS Markit and Informa,
increasing the focus of each company on core markets where it has
particular strengths and a long-term commitment to invest and grow,”
said Lance Uggla, CEO of IHS Markit and Stephen A. Carter, Group Chief
Executive, Informa PLC.

“The Informa Agribusiness Intelligence portfolio is a clear extension of
our Chemical and Downstream businesses and builds our existing data,
pricing, insights, forecasting and news services within our Resources
segment,” continued Uggla. “Agriculture is the largest end chemical
market in the world and this transaction expands our capabilities into
fertilizers and chemical crop protection, while substantively expanding
our capabilities in biofuels.”

Carter added, “At Informa we are focused on improving our depth and
specialisation around attractive customer markets. Our ambitions for
Informa Tech will be further enhanced by the addition of the IHS Markit
TMT portfolio, extending our customer and international reach, creating
a strong platform for future growth.”

The agreement values the two exchanged businesses at equivalent EBITDA
multiples, with Informa contributing an additional $30 million cash to
IHS Markit to reflect the larger EBITDA contribution from the TMT
business. IHS Markit will retain RootMetrics, its benchmarking business
and a portion of its market intelligence business. Both transactions are
expected to close in July 2019 and are subject to customary closing
conditions, including US regulatory approval.

IHS Markit confirmed that the transaction will not affect its capital
allocation strategy to delever its debt ratio below 3.0x and complete
$500 million (USD) in share repurchases in 2019.

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About IHS Markit (www.ihsmarkit.com)

IHS Markit (Nasdaq: INFO) is a world leader in critical information,
analytics and solutions for the major industries and markets that drive
economies worldwide. The company delivers next-generation information,
analytics and solutions to customers in business, finance and
government, improving their operational efficiency and providing deep
insights that lead to well-informed, confident decisions. IHS Markit has
more than 50,000 business and government customers, including 80 percent
of the Fortune Global 500 and the world’s leading financial
institutions. Headquartered in London, IHS Markit is committed to
sustainable, profitable growth.

IHS Markit is a registered trademark of IHS Markit Ltd. and/or its
affiliates. All other company and product names may be trademarks of
their respective owners © 2019 IHS Markit Ltd. All rights reserved.

Contacts

News Media:
Timothy Barello
IHS Markit
+1 646 679
3463
[email protected]

Investor
Relations:

Eric Boyer
IHS Markit
+1 303 397 2969
[email protected]

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