News Tech

BlackRock to acquire Adebayo Ogunlesi’s GIP for $12.5b

BlackRock Inc. has disclosed its readiness to acquire Adebayo Ogunlesi’s Global Infrastructure Partners for around $12.5 billion. The acquisition is anticipated to finalize in the third quarter and BlackRock will pay $3 billion in cash and around 12 million shares, which would have been valued at nearly $9.5 billion at Thursday’s closing. Ogunlesi, the chairman […]