Global Infrastructure Partners, whose portfolio includes Gatwick, sold to world's largest asset manager in $12.5bn deal
BlackRock Inc (NYSE: BLK) is in focus this morning after announcing plans of buying Global Infrastructure Partners for about $12 billion.
BlackRock (BLK) came out with quarterly earnings of $9.66 per share, beating the Zacks Consensus Estimate of $8.84 per share. This compares to earnings of $8.93 per share a year ago.
BlackRock CEO Larry Fink joins 'Squawk Box' to discuss the firm's acquisition of Global Infrastructure Partners for about $12 billion in cash and stock, what's behind the firm's big bet on infrastruct
CNBC's Andrew Ross Sorkin reports on the latest news.

Why BlackRock Wants to Be Blackstone Again

07:23am, Friday, 12'th Jan 2024
BlackRock announces a $12.5 billion deal to buy Global Infrastructure Partners.
Markets managed to absorb a somewhat hotter-than-expected U.S. consumer inflation reading for December without much drama.
BlackRock Inc. BLK, +0.03% said Friday it has entered an agreement to acquire Global Infrastructure Partners, or GIP, an independent infrastructure fund manager, for $3 billion in cash and about 12 mi
BlackRock, the world's biggest asset manager, announced Friday it is buying Global Infrastructure Partners for about $12 billion in cash and stock.
The acquisition of the private-equity firm would be BlackRock's largest in 15 years.
BlackRock has yet again cut the value of its holding in Byju's, slashing the implied valuation of the Indian education tech startup to $1 billion from $22 billion mark set in early 2022, TechCrunch re
BlackRock BLK is scheduled to report earnings before Friday's open. The stock hit a record high of $973.16/share in 2021 and is currently trading near $788/share.
BlackRock's new bitcoin fund is on pace to be among the most actively traded exchange-traded funds ever on launch day.
CNBC's Bob Pisani with BlackRock's Samara Cohen, joins 'Squawk on the Street' to discuss crypto as the Bitcoin ETFs begin trading today.
BlackRock (BLK), Invesco (IVZ) and WisdomTree (WT) are three asset managers that must be watched closely as the SEC finally approves 11 Bitcoin ETF applications.
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