BlackRock Nears Deal To Acquire Private Credit Manager HPS

BlackRock Is Near Deal to Buy Private Credit Manager HPS
BlackRock Inc. is nearing a deal to buy HPS Investment Partners, a purchase that would vault the firm into the top ranks of private credit as it seeks to become a major force in alternative assets.
BlackRock has deal to buy private credit manager HPS, FT reports
BlackRock has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday. The final deal value would be closer to $12 billion, which offers a significant premium over HPS's post-IPO valuation of $10 billion,
BlackRock nears $12bn HPS acquisition deal
The acquisition may be announced soon after the Thanksgiving holiday, as per sources familiar with the matter.
BlackRock nears $12bn acquisition of private credit behemoth HPS
BlackRock is diversifying away from its core business, index investing and ETFs, seeking to build its fee-generation capacity
BlackRock Near Deal to Buy HPS for Close to $12 Billion, FT Says
BlackRock Inc. is close to an agreement to buy private credit group HPS Investment Partners, as the world’s largest asset manager tries to compete in the fast-growing alternatives space, the Financial Times reported.
BlackRock Nears Deal To Acquire Private Credit Manager HPS: Report
BlackRock had a verbal agreement to acquire a private credit manager, HPS Investment Partners. The deal was first reported by the Financial Times, stating that the value of the deal would be closer to $12 billion. This would give HPS a higher premium as compared to a post-IPO scenario, which would only give it a valuation of $10 billion.
BlackRock Set To Acquire Private Credit Manager HPS For $12B: Report
BlackRock, the world's largest asset manager with $11.5 trillion in assets, is finalizing a deal to acquire HPS Investment Partners, a prominent private credit firm managing nearly $150 billion.
BlackRock in preliminary deal to acquire HPS for about $12B, FT reports
EST BlackRock (BLK) in preliminary deal to acquire HPS for about $12B, FT reportsDon't Miss our Black Friday Offers:Unlock your investing
BlackRock has deal to buy private credit manager HPS: report
BLACKROCK has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday (Nov 27). Read more at The Business Times.
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BlackRock: HPS Acquisition Would Boost Private Market Capabilities; No Change to Valuation
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BlackRock has deal to buy private credit manager HPS
BlackRock has a handshake deal to buy HPS Investment Partners, as the world’s largest asset manager looks to bolster its alternative investment business with the addition of one of the biggest private ...