BlackRock is selling $2.5B in bonds to fund its $3.2B acquisition of Preqin. The deal will expand its presence in private ...
A unit of BlackRock Inc. is selling $2.5 billion of US investment-grade bonds on Wednesday to help fund a portion of the firm ...
Assets managed by BlackRock hit a record $10.65 trillion in the second quarter thanks to rising client asset values and as ...
But the world’s largest money manager hasn’t yet hit a key long-term target it created: organic base fee growth of 5%.
Craig Siegenthaler, an analyst from Bank of America Securities, reiterated the Buy rating on BlackRock (BLK – Research Report). The ...
It would be the second such major acquisition for BlackRock this year, after announcing in January that it agreed to buy ...
A unit of BlackRock Inc. is selling $2.5 billion of US investment-grade bonds on Wednesday to help fund a portion of the firm ...
Preqin. Pay attention. This deal is gigantic. It is also gigantically important. It could shape the future of ownership, and ...
The three-year portion of the notes offering comes with a special mandatory redemption clause, which means BlackRock will buy back the notes at 101% if the Preqin deal fails to close by Sept.