BlackRock, Inc. has completed its previously announced acquisition of Preqin Holding Limited, a leading provider of private markets data. The transaction, valued at £2.55 billion (approximately $3.2 billion based on the GBP/USD exchange rate as of December 31, 2024), was funded through the proceeds of BlackRock’s $2.5 billion senior notes offering and available cash. The acquisition enhances BlackRock’s data and analytics capabilities in the private markets sector. A press release announcing the completion of the acquisition has been filed as Exhibit 99.1.
Value Investor
2025-03-04
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