Seeking Alpha

McGraw Hill Financial exploring options for construction data unit

  • Ahead of its inaugural Investor Day, McGraw Hill Financial (MHFI) announces it's exploring strategic alternatives for its construction data and analysis business, and has hired Evercore Partners to assist. The unit had about $170M in revenue last year.
  • The company is also targeting at least $100M in cost savings over the next three years, with multiple initiatives underway to get to that goal.
  • Press release
  • Webcast begins at 1 ET
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