The asset management behemoth is continuing its alternatives push with the acquisition reportedly valuing HPS at $12 billion.

BlackRock is close to making a $12 billion acquisition that would take it deeper into the world of private credit.

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Tesla and its Chinese rival BYD Co. have reignited their price war, with both EV makers offering big discounts as they battle for supremacy in the world’s biggest auto market.

BlackRock, the world’s largest asset manager, is reportedly on the cusp of a deal to acquire HPS Investment Partners for more ...

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--BlackRock is nearing a deal to acquire HPS Investment Partners as it looks to become a force in alternative assets, Bloomberg reported, citing people familiar with the matter.

The news could be announced as soon as this week, with BlackRock paying HPS a mix of cash and stock, per Bloomberg, citing ...

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Ueda’s comments suggest a rate hike may be considered at the meeting, they wrote. In corporate news, BlackRock Inc. is nearing a deal to buy HPS Investment Partners at a value of $12 billion or more ...

What is the outlook of the Blackrock stock price after acquiring GIP and Prequin. It may acquire HPS, a leading private ...