Financial services giant S&P Global is in advanced talks to buy financial data giant IHS Markit at a valuation of around $44 billion, according to reports overnight by the Wall Street Journal.

The deal, if it happens, would combine two of the largest data providers to financial institutions ranging from top-tier global banks, to institutional investors and Retail FX brokers.

S&P Global has a market cap of $82 billion, while IHS Markit’s is $37 billion – so $44 billion would be a nice premium of nearly 20% over IHS Markit’s current value. At $92.58 a share, IHS Markit stock is already near its all-time high value.

IHS Markit was formed from the 2016 merger of US based IHS and UK domiciled Markit, and has since maintained its headquarters in London.