BlackRock to buy GIP for US$12.5B


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

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