BlackRock Inc., the world’s largest money manager, has agreed to acquire Adebayo Ogunlesi’s Global Infrastructure Partners (GIP) for approximately $12.5 billion. The deal, comprising $3 billion in cash and around 12 million shares, is expected to close in the third quarter of this year, subject to regulatory approvals. This acquisition, the largest for BlackRock in … Continue reading BlackRock Acquires Global Infrastructure Partners for $12.5 Billion, Hits $10 Trillion In Assets