SPGI: Carves out the mobility division (MBGL) in June. What's your verdict?

SPGI is considered to have a wide moat and it currently trades at a low valuation w.r.t. forward P/E (low 20s).

I just happened to know that it'll carve out it's Mobility division and that existing SPGI shareholders will automatically get assigned a 1:1 share of the carved out division.

How do you see this move from an investors perspective?

Based on my research, MBGL does have strong fundamentals in itself so it might become a company to hold for long term.

However, if the mobility division was economically attractive, why carving it out?

I'm tempted to buy more shares of SPGI as I believe in the company as a long term investor. The question is: do it now or after the carve out?

How do you see it?

Cheers,