BlackRock to buy GIP for US$12.5B

News by WCN Editorial

BlackRock, the giant investor and asset management group, is buying Global Infrastructure Partners (GIP) for over US$12.5B and in the process creating a multi-asset class infrastructure investing platform with combined client assets under management of over US$150B.

blackrock.jpeg
BlackRock’s acquisition of GIP will establish a multi-asset class infrastructure platform worth US$150B © blackrock.jpeg

Do you want to read the full article?

Register to continue reading

By registering you will have:

  • Access to all Premium content
  • Discount on selected events
  • Full access to the entire digital archive
  • 10x per year Digital Magazine

SUBSCRIBE or, if you are already a member Log In

 

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@worldcargonews.com.
Business Ports & Terminals Global Infrastructure Partners

Related articles

GIP to exit Brisbane

 News

Global Infrastructure Partners (GIP) has put its 27% stake in Port of Brisbane Pty Ltd (PBPL) on the market and expects to complete a sale before year’s end.

Global operators on a roll

 News

Despite high levels of volatility and uncertainty over container growth prospects, global terminal operators continue to invest heavily.

MSC sells 35% stake in TIL

 News

MSC has reached agreement with Global Infrastructure Partners and a group of its LP co-investors to sell 35% of Terminal Investment Limited for US$1.929B

Brisbane bidders line up

 News

Five groups are vying to buy the 99-year lease of the port of Brisbane, which the Queensland government is hoping to sell for more than A$2B (see WorldCargo News June 2009, p32).

Asciano put on the market – official

 News

After months of trying to lure investors to part-sales of selected business units, Australian ports and rail operator Asciano has succumbed to market pressure and placed the entire group on the market.