BlackRock’s Major Move: Buying GIP for Infrastructure Growth

BlackRock, a global asset management leader, has announced a significant acquisition of Global Infrastructure Partners (GIP) for $12.5 billion. This move positions BlackRock at the forefront of investments in energy, transportation, and infrastructure. The deal, set to close in the third quarter, involves BlackRock paying $3 billion in cash and issuing about 12 million shares. […]

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