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BlackRock strikes $12 billion deal for HPS
BlackRock seals $12bn deal to buy HPS Investment Partners
BlackRock, the world's largest asset manager, has entered an all-stock transaction valued at approximately $12bn to acquire private credit manager HPS Investment Partners. This move is set to create an integrated private credit franchise with $220bn in client assets.
BlackRock buying credit investment manager HPS Investment Partners in approximately $12 billion deal
BlackRock is buying credit investment manager HPS Investment Partners in a stock deal valued at about $12 billion, giving it more ways to service its insurance clients
BlackRock to acquire HPS Investment Partners for more than $12 billion in stock
CNBC's Leslie Picker joins 'Squawk Box' with the latest news. "A 1969 Yippie film unveils the mindset of the counterculture movement. David Hoffman presents captivating documentaries and archival news clips that explore the evolution of American life over the past century
8h
HPS Offers Incentives to Retain Staff After Sale to BlackRock
HPS Investment Partners is offering employees grants that vest over five years to encourage them to stay on after being ...
2d
BlackRock is on the verge of making a bigger bet on Wall Street's hottest trade
BlackRock is close to making a $12 billion acquisition that would take it deeper into the world of private credit.
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