BlackRock Acquisition Triples Its Business of Building Airports, Roads, and Utilities

BlackRock Acquisition Triples Its Business of Building Airports, Roads, and Utilities

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BlackRock has acquired Global Infrastructure Partners, one of the world’s biggest independent investors in roads, airports, utilities and other projects. The world’s largest asset manager is buying GIP, which has $100 billion in assets, for $12.5 billion in cash and stock ($3 billion of cash and…

#blackrock #gip #infrastructure #larryfink #bayoogunlesi

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