BlackRock buys HPS for $12-billion in private credit expansion

Biztoc.com - 3 december 2024

BlackRock buys HPS for $12-billion in private credit expansion

BlackRock will buy private credit firm HPS Investment Partners for about $12 billion in an all-stock deal, the companies said on Dec. 3, as the world's largest asset manager seeks to expand in the booming market.

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