BlackRock, Inc.

Equities

BLK

US09290D1019

Investment Management & Fund Operators

Market Closed - Nyse Other stock markets 04:00:02 2025-01-22 pm EST			5-day change	1st Jan Change
1,006.34 ^USD	-0.57%		-0.68%	-1.83%

11:25pm	Japanese investors boost foreign stock purchases on Fed rate-cut hopes	RE
Jan. 22	Richemont: BlackRock strengthens its position above 3%.	CF

BlackRock's $3.22 Billion Takeover of U.K. Data Provider Preqin Comes Under Formal U.K. Investigation

December 13, 2024 at 07:34 am EST

By Mauro Orru

U.K. antitrust officials said they were opening a formal investigation into BlackRock's acquisition of U.K. data provider Preqin over concerns the $3.22 billion deal could stifle competition in the country.

The Competition and Markets Authority launched an initial review of the deal earlier this month. Officials have now opted to open a formal probe, with a decision due by Feb. 12 on whether a more in-depth investigation is warranted.

BlackRock and Preqin didn't immediately respond to requests for comment.

Write to Mauro Orru at mauro.orru@wsj.com

(END) Dow Jones Newswires

12-13-24 0733ET

Latest news about BlackRock, Inc.

Japanese investors boost foreign stock purchases on Fed rate-cut hopes	11:25pm	RE
Richemont: BlackRock strengthens its position above 3%.	Jan. 22	CF
List of UK competition regulator cases as new boss steps in	Jan. 22	RE
TD Cowen Raises BlackRock Price Target to $1,251 From $1,247, Maintains Buy Rating	Jan. 22	MT
BlackRock, Saba Capital Reach Agreements Over Closed-End Funds	Jan. 22	MT
Arkema: BlackRock drops below 5% stake	Jan. 22	CF
Stocks rise ahead of US Redbook reading	Jan. 22	AN
London-listed Blackrock funds sign deals with agitator Saba Capital	Jan. 22	AN
Arkema: BlackRock holds less than 5% of the capital	Jan. 22	CF
Jio Financial, BlackRock Invest INR1.17 Billion in Mutual Fund Joint Venture	Jan. 22	MT
BlackRock and Weinstein's Saba reach settlement in battle over closed-end funds	Jan. 21	RE
UBS Adjusts Price Target on BlackRock to $1,045 From $1,017, Keeps Neutral Rating	Jan. 21	MT
BlackRock's Hildebrand Sees Risk of 'Stubbornly Sticky Inflation'	Jan. 21	MT
Orennia Inc. announced that it has received funding from Temasek Holdings Limited, BlackRock, Inc., Decarbonization Partners, and other investors	Jan. 20	CI
Part of Thames Water restructure plan "holds company to ransom"	Jan. 20	AN
Malaysia Airports buyout offer extended to Feb. 4	Jan. 20	RE
TikTok faces US ban deadline as users brace for fallout	Jan. 18	RE
Sector Update: Financial Stocks Rise Late Afternoon	Jan. 17	MT
Tennessee AG Settles With BlackRock Over ESG Dispute	Jan. 17	MT
BlackRock Reaches Settlement With State of Tennessee Over ESG Dispute	Jan. 17	MT
Tennessee Attorney General settles ESG dispute with BlackRock	Jan. 17	RE
Worldline: BlackRock holds less than 5% of the capital	Jan. 17	CF
Kiwi Property Says BlackRock No Longer a Substantial Holder	Jan. 17	MT
Wordline: BlackRock crosses the 5% threshold on the upside	Jan. 16	CF
BlackRock: The asset management steamroller keeps on rolling	Jan. 16

Chart BlackRock, Inc.

Duration

Period

BLK: Dynamic Chart

Company Profile

BlackRock, Inc., formerly BlackRock Funding, Inc., is an investment management company. It provides a range of investment management and technology services to institutional and retail clients. Its diverse platform of alpha-seeking active, index and cash management investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares and exchange-traded funds, separate accounts, collective investment funds and other pooled investment vehicles. It also offers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, and Cachematrix, as well as advisory services and solutions.

Employees

20,400

Sector

Investment Management & Fund Operators

Calendar

2025-04-10 - Q1 2025 Earnings Release (Projected)

More about the company