Jan. 12 (UPI) -- Global asset manager BlackRock, Inc. announced Friday that will purchase Global Infrastructure Partners, the world's largest infrastructure manager in a cash and stock deal.

BlackRock, Inc. BLK completed the acquisition of a private equity company — Global Infrastructure Partners (GIP). Earlier this year, BLK announced the decision to acquire Global Infrastructure ...

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BlackRock, Inc. and Global Infrastructure Partners, a leading independent infrastructure fund manager, jointly announce that they have entered into an agreement for BlackRock to acquire GIP for ...

But hogging the spotlight as BlackRock kicked off earnings season alongside other financial giants on Friday was news that the group bought Global Infrastructure Partners in a deal worth some $12. ...

Massive New York-based investment company BlackRock Inc. (NYSE: BLK) has agreed to acquired infrastructure fund manager Global Infrastructure Partners, both of which have major investments into ...

Today, BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX announced the Global AI Infrastructure Investment Partnership (GAIIP) to make investments in new and expanded data ...

BlackRock, the world’s biggest asset manager, announced Friday it is buying Global Infrastructure Partners for about $12 billion in cash and stock.