BlackRock agrees $12.5 billion infrastructure deal for airports ...Middle East

The world’s biggest investor has paid $12.5 billion for significant stakes in some of Britain’s most important airports and ports. BlackRock, the fund manager, is to buy Global Infrastructure Partners in a deal that will include Gatwick, the UK’s second-biggest airport. The agreement will make fortunes for the bankers and financiers who created GIP nearly two decades ago and will further BlackRock’s ambition to take on Macquarie, its Australian rival, in the global infrastructure market. Global Infrastructure manages $100 billion of assets and its acquisition is the biggest deal in more than a decade for BlackRock, the world’s biggest money manager that oversees more than $10 trillion. GI

Hence then, the article about blackrock agrees 12 5 billion infrastructure deal for airports was published today ( Saturday 13/01/2024 - 03:32 AM ) and is available on Bloomberg News Today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( BlackRock agrees $12.5 billion infrastructure deal for airports )

Also on site :

• ‘Elize: Shadows Of A Woman’ Trailer: Netflix Brazil Feature Based On Case Explored In ‘Elize Matsunaga: Once Upon a Crime’
• Monument Legal Represents Air Force Major Jason Watson, Arrested on Capitol Steps After Calling for Impeachment
• Dem Sen. Mark Kelly's Warning About How Trump Might Try to 'Intimidate Voters' Is Backfiring Hard