Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/ihs-intents-to-acquire-oil-price-information-servi.shtmlIHS intents to acquire Oil Price Information Service (OPIS) for $650 million
IHS Inc. has signed a definitive agreement to acquire Oil Price Information Service (OPIS), an internationally referenced pricing reporting agency that serves the oil, natural gas and biofuels
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IHS Inc. has signed a definitive agreement to acquire Oil Price Information Service (OPIS), an internationally referenced pricing reporting agency that serves the oil, natural gas and biofuels industries, for $650 million.
The acquisition is subject to regulatory approval, including expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. More details will be provided on the IHS fourth quarter and year-end 2015 earnings call on January 12, 2016.
