M&A News: Blackrock to Buy HPS for $12B to Fortify Alternative Investments Business

Retrieved on: 2024-11-28 16:14:46

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Exchange-traded funds

BlackRock

HPS Investment Partners

BLK

Black Rock

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M&A News: Blackrock to Buy HPS for $12B to Fortify Alternative Investments Business. View article details on hiswai:

Summary

BlackRock, a major asset manager, plans to acquire HPS Investment Partners for $12 billion to enhance its presence in alternative investments, aligning with the business focus on expanding its market influence. Tags reflect financial and investment relevance.

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