BLK Jul 2024 890.000 call
- Reuters
Google buys stake in Taiwan solar power firm owned by BlackRock
Google said it has taken a stake in Taiwan's New Green Power and could buy up to 300 megawatts of renewable energy from the BlackRock fund-owned firm to help cut its carbon emissions and those of suppliers. Companies are being pushed to cut greenhouse gas emissions linked to their operations and value chains by investors and Big Tech firms have been among the most ambitious in their targets. Google aims to constantly run on carbon-free energy wherever it operates.
- Bloomberg
BlackRock Buys Preqin for $3.2 Billion in Private Data Expansion
(Bloomberg) -- BlackRock Inc. will acquire private capital database provider Preqin for £2.55 billion ($3.2 billion) in cash, as the world’s largest money manager accelerates its push to become a major player in alternative assets.Most Read from BloombergJustice Department to Charge Boeing, Seeks Guilty Plea from PlanemakerFrench Markets Gain as Election Spurs Fragile Reprieve From RoutLe Pen’s Far Right Wins First Round, Chases French MajorityBlackRock Buys Preqin for $3.2 Billion in Private Da
- Reuters
BlackRock to buy UK data group Preqin for $3.2 billion
BlackRock, which manages more than $10 trillion, is seeking to capitalise on a boom in demand from investors for alternative assets, which includes anything from private equity to infrastructure. In January BlackRock announced a deal to buy Global Infrastructure Partners (GIP) for $12.5 billion, while other investment firms have also struck recent deals. The asset manager beat out rival potential bidders, which sources told Reuters last month included London Stock Exchange Group, and S&P Global, for Preqin following a bidding process and after its owners had decided on a full sale of the business.
