BlackRock, Antitrust UK launches investigation into acquisition of Preqin

BlackRock Antitrust UK launches investigation into acquisition of Preqin

(Finance) – The Competition and Markets Authority (CMA) of the United Kingdom, or the British antitrust, is investigating the planned £2.55 billion takeover on the part of BlackRockthe world’s largest asset manager, by Preqin, a British company that provides data, analysis and insights into alternative assets.

The deadline for the CMA to announce its decision whether to subject the merger to aphase 2 investigation It’s February 12, 2025.

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