S&P Global announces approval of separation of Mobility Global

S&P Global announced that its Board of Directors has approved the previously announced separation of its Mobility division, and the creation of an independent, public company, Mobility Global. The separation will be achieved through a pro rata distribution of 100% of the outstanding shares of Mobility Global common stock to the holders of S&P Global common stock. S&P Global shareholders will receive one share of Mobility Global common stock for every share of S&P Global common stock held at the close of business on the record date of June 15. The distribution of Mobility Global shares is expected to be effective at 12:01 a.m. New York City time on July 1.