New York-based BlackRock has agreed to buy compatriot fund manager Global Infrastructure Partners (GIP) in a $12.5bn cash and shares deal. The deal will see the world’s largest asset manager take over GIP for $3bn in cash and around 12m Blackrock shares. GIP is the world’s largest independent...
https://splash247.com/blackrock-to-take-over-global-infrastructure-partners-in-12-5bn-deal/