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BlackRock buying private credit manager HPS for $12 billion
BlackRock has agreed to buy private credit manager HPS Investment Partners for $12 billion in stock. Why it matters: This would make BlackRock one of the largest players in one of Wall Street's ...
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BlackRock buying credit investment manager HPS Investment Partners in approximately $12 billion deal
BlackRock is buying credit investment manager HPS Investment Partners in a stock deal valued at about $12 billion, giving it more ways to service its insurance clients. BlackRock said Tuesday that ...
Wall Street Journal1mon
BlackRock Strikes $12 Billion Deal for HPS, Betting Big on Wall Street’s Hottest Market
BlackRock BLK0.77%increase; green up pointing triangle has agreed to buy private-credit manager HPS Investment Partners in a roughly $12 billion all-stock deal that would substantially add to its ...
Private Equity News4d
BlackRock to cut jobs following year of M&A deals
BlackRock is set to cut around 200 staff as it shifts its focus towards private markets following three landmark acquisitions ...
Yahoo Finance28d
BlackRock CFO Martin Small Says 'We've Never Shied Away From Taking Big Bets' – Here's What They Look For
BlackRock is on a spending spree. In November, the asset management giant dropped $12 billion to buy private credit firm HPS Investment Partners. And that's just one deal this year. They also ...