S&P Global 8-K

Deal completed

Mobility spin-off completed, separating automotive analytics into independent, NYSE-listed Mobility Global.

Filed 2026-07-01 21:25 ET

Summary

S&P Global completed the spin-off of its Mobility business on 7/1/2026. Mobility Global became an independent, NYSE-listed company trading as MBGL; S&P Global retained no ownership. The separation covers automotive-sector analytics, marketing, planning solutions, reports, forecasts and vehicle-history data.

Key Figures

  • Distribution: S&P Global holders of record on 6/15/2026 received one Mobility Global share for each S&P Global share; fractional shares were sold and paid out in cash.
  • Separation agreements establish asset and liability transfers, generally uncapped cross-indemnities, and tax responsibilities. Mobility Global generally assumes its standalone pre-closing income taxes and business-related pre-closing non-income taxes; S&P Global generally assumes Mobility Global’s pre-closing taxes reported on combined returns.
  • Transition services from S&P Global, including information technology, finance and human resources, may continue for up to 18 months after the distribution. Tax-preservation covenants generally restrict certain Mobility Global transactions, including business combinations and stock issuances, for two years.

Investor Takeaways

  • S&P Global expects to issue recast financial information on 7/6/2026 for FY2025, each 2025 quarter and Q1 2026, reflecting the spin-off.

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