CORRECTED-Data firm IHS Markit to buy Ipreo for $1.86 bln

(Corrects to remove reference of Ipreo being IHS Markit's rival in headline and first paragraph)

May 21 (Reuters) - Data firm IHS Markit Ltd said on Monday it will buy Ipreo from private equity funds of BlackStone Group LP and Goldman Sachs for $1.86 billion.

The deal is expected to close in the second half of 2018, subject to regulatory approvals. (Reporting by Diptendu Lahiri in Bengaluru; Editing by Arun Koyyur)