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UK competition watchdog looks into $3.32 billion Blackrock-Preqin deal

2024.12.03 08:26

(Reuters) – Britain’s competition regulator said on Tuesday it was considering whether asset management firm BlackRock (NYSE:)’s 2.55 billion pound ($3.23 billion) acquisition of UK data firm Preqin would raise competition concerns in the local market.

© Reuters. FILE PHOTO: The BlackRock logo is pictured outside its headquarters in the Manhattan borough of New York City, New York, U.S., May 25, 2021.  REUTERS/Carlo Allegri/File Photo

The Competition and Markets Authority, which has not yet launched its formal probe into the deal announced in June, has invited interested parties to submit their views on the impact the deal could have on competition in the UK.

($1 = 0.7901 pounds)



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