BlackRock to acquire Preqin for $3.2bn in major move into private markets data
BlackRock, Inc. (NYSE: BLK), a global leader in investment management, has announced a significant acquisition of Preqin, an independent provider of private markets data, for a hefty sum of £2.55 billion (approximately $3.2 billion) in cash. This strategic move is set to enhance BlackRock’s data and research capabilities, positioning it as a frontrunner in private […]