BlackRock Buys Preqin for $3.2 billion in private data expansion.

BlackRock Buys Data Provider Preqin for $3.2 Billion Posted into Bloomberg Television @bloomberg-television-bloomberg

Insider Scoop: What BlackRock’s $3.22 Billion Takeover of Preqin for Investors Everywhere BlackRock, the world's largest asset manager based in New York, recently announced its agreement to acquire Preqin, a prominent U.K.-based data provider specializing in the global alternatives market. The deal, valued at $3.22 billion in cash, represents BlackRock's strategic move to strengthen its data capabilities in the rapidly growing private markets sector. Overview of the…

BlackRock to Acquire Data Provider Preqin for $3.22 Billion: The deal is part of the efforts by the world’s largest asset manager to bolster data capabilities as it expands into private-market investments. (Mon, 01 Jul 2024 00:39:00 -0400)