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Data is King on Wall Street; 2 Providers Join in $44B Deal

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FILE - In this April 28, 2016 file photo, S&P Global CEO Douglas Peterson poses for photos on the floor of the New York Stock Exchange, after ringing the opening bell. S&P Global is buying IHS Markit in a $44 billion all-stock deal that brings together two of the largest data providers to Wall Street. Peterson will hold his title at the combined company. (AP Photo/Richard Drew, File)

NEW YORK, N.Y. (AP) — The value that Wall Street places on access to billions of bytes of data, rather than old-school stock picking, became abundantly clear Monday as two of the biggest providers of such information become one in the biggest takeover of the year.

S&P Global announced that it would acquire IHS Markit, based in London, for about $44 billion in an all-stock deal.

Data collection has become pivotal on Wall Street as algorithms and high-speed trading drive global markets. And growth has been explosive for the companies that can provide that information instantly and in bulk.

IHS and Markit merged just four years ago to create a $13 billion company. The company has almost tripled in value since then, and is now worth close to $37 billion.

The size of the deal announced Monday eclipsed Nvidia’s acquisition of rival chipmaker Arm Holdings for $40 billion in September, and Nippon Telegraph & Telephone acquisition of a subsidiary for nearly that much in the same month.

The newcomer IHS Markit is being acquired by a company with roots dating back to the 19th century, when Henry Varnum Poor published the History of the Railroads and Canals of the United States to provide transparency for investors.

IHS Markit has more than 50,000 business and government customers, including 80% of the Fortune Global 500 and the world’s leading financial institutions.

Each share of IHS Markit common stock will be exchanged for a fixed ratio of 0.2838 shares of S&P Global stock. Current S&P Global shareholders will own approximately 67.75% of the combined company, while shareholders of IHS Markit, based in London, will own about 32.25%.

The transaction puts IHS Markit’s enterprise value at $44 billion, including $4.8 billion of debt.

The combined company will be headquartered in New York, where S&P Global is based, with a substantial presence in key global markets across North America, Latin America, EMEA and Asia Pacific.

Douglas Peterson, the CEO of S&P Global, will hold that title at the combined company. Lance Uggla, Chairman and CEO of IHS Markit, will become a special advisor to the company for a year after the deal closes.

The transaction is expected to close in the second half of next year. It needs the approval of both companies’ shareholders.

Shares of IHS Markit rose more than 7% at the opening bell Monday. S&P Global’s stock was essentially flat.

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Hola at the Park Set for Oct. 3 in Altamonte Springs; Admission Free

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Florida National News and FNN News en Español will provide on-site coverage of the Hispanic Heritage Month celebration at Cranes Roost Park.

ALTAMONTE SPRINGS, Fla. (FNN) — Hola at the Park will bring Hispanic culture, local businesses and live entertainment to Cranes Roost Park on Saturday, Oct. 3, from 2 to 6 p.m.

Hosted by the Hispanic Chamber of Metro Orlando and presented by AdventHealth, the event celebrates National Hispanic Heritage Month through food, entertainment, entrepreneurship and community connections.

According to the chamber’s event announcement, admission is free, the celebration is open to the community and no registration is required.

FNN to Spotlight Businesses and Community Voices

Florida National News and FNN News en Español, official media sponsors, will be on location covering the festivities.

The FNN team will spotlight chamber representatives, sponsors, participating businesses and community leaders, while sharing attendees’ perspectives throughout the afternoon.

Coverage will highlight the people, businesses and cultural traditions contributing to the celebration.

Photo: Florida National News

Food, Entertainment and Family Activities

The chamber’s announcement lists authentic cuisine, live entertainment, local businesses, wellness experiences, community resources, networking and family-friendly activities among the event’s offerings.

Attendees will have opportunities to explore Hispanic traditions, connect with entrepreneurs and learn about organizations serving Central Florida.

Photo: Florida National News

A Waterfront Setting in Uptown Altamonte

Cranes Roost Park, located in Uptown Altamonte, features a waterfront setting with scenic walkways around Cranes Roost Lake and the Eddie Rose Amphitheater and floating stage.

The park will serve as the gathering place for an afternoon celebrating Hispanic heritage and the connections between culture, business and community.

Event Details

  • Date: Saturday, Oct. 3, 2026
  • Time: 2–6 p.m. EDT
  • Location: Cranes Roost Park, Altamonte Springs
  • Host: Hispanic Chamber of Metro Orlando
  • Presenting sponsor: AdventHealth
  • Admission: Free and open to the community
  • Registration: Not required

Photo: Florida National News

Vendor Inquiries

For information about vendor opportunities, contact the Hispanic Chamber of Metro Orlando at info@hispanicchamber.com or events@hispanicchamber.com.

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ALDI to Launch Seven Ready-Made Meals in October, With Single-Serve Dishes Under $8

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The refrigerated lineup includes five single-serve dishes and two family-size meals.

BATAVIA, Ill. (FNN) — ALDI will begin rolling out seven ready-made meals in select stores in early October, with single-serve dishes priced under $8 and family-size options under $15. The grocer expects the full lineup to be available nationwide by January 2027.

The collection includes five single-serve meals: beef Bolognese spaghetti, beef brisket with white mac and cheese, butter chicken and rice, a chicken burrito bowl, and chicken fettuccine Alfredo. The two family-size dishes are chicken and bacon mac and cheese and a meat lovers pizza bake.

“Our shoppers are looking for meals that fit into busy lives,” said Joan Kavanaugh, vice president of national buying for ALDI U.S. She said the company developed the lineup with shoppers’ budgets and demand for convenient meals in mind.

Price and preparation

ALDI said the single-serve meals contain 30 to 46 grams of protein each. The family-size dishes contain 16 to 22 grams per serving. The company announced price limits for the two sizes but did not list a price for each individual meal.

“We tested hundreds of recipes as we developed this collection,” said Terry Jackson, head of food at Kitchen Food Company, ALDI’s supplier for the meals. Jackson said the team focused on flavor and ingredients while developing the dishes.

The meals are refrigerated, not frozen. ALDI says the single-serve dishes can be heated in a microwave, while the family-size meals are prepared in an oven. Shoppers should follow the directions on each package.

2026 Hispanic Chamber Hola at the Park. Uptown Altamonte Springs, Florida at beautiful Cranes Roost Park Saturday, October 3, 2026 (2:00 PM – 6:00 PM) (EDT)

When and where to find them

The meals will be stocked in the refrigerated meals section near the front of ALDI stores. Availability will vary during the rollout, which begins in select markets in early October and expands through the fall. ALDI also plans to offer additional meals through its limited-time ALDI Finds assortment each month over the following year. corporate.aldi.us

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Addition Financial, Rosen Preschools Partner to Expand Financial Literacy for Central Florida Children

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Representatives from Addition Financial, Rosen Preschools, the Early Learning Coalition of Orange County and Junior Achievement of Central Florida participate in a ribbon-cutting ceremony for the ADDing FUNdamentals financial literacy program.

Now in its fourth year, ADDing FUNdamentals introduces children as young as 4 to saving, needs versus wants and other basic money concepts through classroom activities and take-home resources.

ORLANDO, Fla. (FNN) — Addition Financial Credit Union is expanding its ADDing FUNdamentals community impact program through a new partnership with Rosen Preschools, bringing financial literacy education to children as young as 4 while providing resources designed to extend those lessons into their homes.

Now in its fourth year, ADDing FUNdamentals introduces preschool-aged children to basic money-management concepts through interactive, age-appropriate learning experiences.

Developed through a partnership with Junior Achievement of Central Florida and the Early Learning Coalition of Orange County, the program uses Junior Achievement’s JA Ourselves curriculum to teach children foundational concepts including making choices, distinguishing needs from wants and saving money.

Rosen Preschools is participating in the program for the first time, expanding the initiative’s reach to more children and families in Central Florida.

Community partners and preschool students gather around an Addition Financial playhouse during an ADDing FUNdamentals financial literacy program event at Rosen Preschools.

Addition Financial Credit Union, Rosen Preschools and community partners celebrate the expansion of the ADDing FUNdamentals financial literacy program, which introduces preschool-aged children to basic money-management concepts through hands-on learning and imaginative play.

Financial Lessons Extend Beyond the Classroom

As part of the initiative, volunteers from Addition Financial, Junior Achievement and Rosen Hotels & Resorts assembled backpacks filled with educational resources designed to help children follow along with classroom lessons and continue learning at home with their families.

A portion of the backpacks will be distributed to Rosen Tangelo Park Preschool and Rosen Preschool in Parramore.

Addition Financial is also providing playhouses modeled after miniature credit unions, giving students an opportunity to practice basic money-management concepts through imaginative play.

The combination of classroom instruction, hands-on activities and take-home materials is designed to reinforce financial concepts while encouraging families to continue conversations about money outside the classroom.

Rosen CEO: Financial Literacy Is a Critical Life Skill

Frank Santos, president and CEO of Rosen Hotels & Resorts, said his professional background in finance has made financial literacy an issue he strongly supports.

“We are very proud to partner with Addition Financial to bring the ADDing FUNdamentals program to the Rosen Preschools,” Santos said. “Having spent a majority of my career in finance, I am a big advocate for financial literacy.”

Santos called financial literacy a critical life skill and said introducing foundational lessons early, while also sending educational materials home to families, can help prepare children for long-term success.

Addition Financial Focuses on Starting Financial Education Early

Kevin Dougherty, chief operations officer at Addition Financial Credit Union, said the partnership with Rosen expands the program’s ability to introduce financial concepts during children’s formative years.

“We are incredibly grateful to have an organization of Rosen’s caliber become a part of the ADDing FUNdamentals program,” Dougherty said. “The students at Rosen Preschools will now get a jump start on developing key skills many of us take for granted — understanding and managing money.”

Dougherty said the response to the program since its launch demonstrates interest in providing financial education at an early age.

“The positive response and success we’ve seen since launching the program speaks to the need of fostering financial education at an early age,” Dougherty said.


Building Financial Skills Through Community Partnerships

The collaboration brings together a credit union, hospitality organization and education-focused community partners around a shared effort to introduce financial concepts to children early in life.

Rather than limiting the experience to classroom instruction, ADDing FUNdamentals combines curriculum, interactive play and educational materials that children can take home and share with their families.

The addition of Rosen Preschools in the program’s fourth year further expands its presence in Central Florida and brings the financial literacy initiative into the Tangelo Park and Parramore communities.

Through lessons on saving, choices and needs versus wants, participating children receive an early introduction to concepts they will encounter throughout their lives.

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