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BlackRock to buy Global Infrastructure Partners for $12.5bn

“We are convinced that together we can create the world’s premier infrastructure investment firm,” chief executives say as trends such as digital infrastructure deployments are set to boost an already speedy accelerated rate of infrastructure investment.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

January 12, 2024 | 12:30 PM GMT

BlackRock to buy Global Infrastructure Partners for $12.5bn

Laurence D. Fink, BlackRock Chairman and CEO (left) and Bayo Ogunlesi, GIP Founding Partner, Chairman, and CEO (right). Source: BlackRock/GIP

The Tech Capital

BlackRock, Inc. (NYSE: BLK) and infrastructure fund manager Global Infrastructure Partners (GIP) have entered into a business deal whereby the American multinational investment company will acquire GIP for more than US$12.5 billion in cash and stock.

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João Marques Lima

Founder and Editor, The Tech Capital

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