Wall Street Banks Near Sale of Visible Alpha to S&P, FT Reports
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S&P Global Inc. is close to a deal to buy research platform Visible Alpha for more than $500 million from a consortium of investment banks including Goldman Sachs Group Inc., the Financial Times reported.
S&P may announce a deal as soon as Tuesday, the newspaper reported, citing unidentified people familiar with the matter. The ratings company declined to comment to the FT and Visible Alpha didn’t respond to a request for comment.