Vendor ·
S&P Global starts a strategic review, including a potential separation, of Capital IQ and associated data businesses
With its third-quarter 2026 results, S&P Global said it has initiated a strategic review of alternatives, including potential separation, for Capital IQ and associated data businesses, which make up the majority of Kensho Data & Platforms within Market Intelligence. The exact perimeter remains under review; the company expects to retain RatingsDirect, RatingsXpress and Enterprise Solutions. No timeline was given.
Why it matters for deal teams: Capital IQ is a common source of comps and company data in credit workflows; a change of ownership could affect licensing and the AI and MCP connections firms are building on top of it, while the ratings feeds stay with S&P Global.
Source: S&P Global Q3 2026 earnings release and Form 8-K ↗ · more ↗