HPS, BlackRock

BlackRock has deal to buy private credit manager HPS, FT reports
BlackRock has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday. The final deal value would be closer to $12 billion, which offers a significant premium over HPS's post-IPO valuation of $10 billion,
BlackRock Nears Deal To Acquire Private Credit Manager HPS: Report
BlackRock had a verbal agreement to acquire a private credit manager, HPS Investment Partners. The deal was first reported by the Financial Times, stating that the value of the deal would be closer to $12 billion. This would give HPS a higher premium as compared to a post-IPO scenario, which would only give it a valuation of $10 billion.
BLK Expands Footprint in Private Credit, Nears HPS Investment Buyout
BlackRock BLK is on the cusp of acquiring HPS Investment Partners for a reported $12 billion. This was stated by the Financial Times citing persons familiar with the matter. The move underscores BlackRock's commitment to strengthening its foothold in the fast-growing alternatives market,
BlackRock Near Deal to Buy HPS for Close to $12 Billion, FT Says
BlackRock Inc. is close to an agreement to buy private credit group HPS Investment Partners, as the world’s largest asset manager tries to compete in the fast-growing alternatives space, the Financial Times reported.
BlackRock in preliminary deal to acquire HPS for about $12B, FT reports
BlackRock (BLK) has a handshake deal to buy HPS Investment Partners, FT reports. The two sides have hashed out a broad outline of the deal, and
BlackRock Set To Acquire Private Credit Manager HPS For $12B: Report
BlackRock, the world's largest asset manager with $11.5 trillion in assets, is finalizing a deal to acquire HPS Investment Partners, a prominent private credit firm managing nearly $150 billion.
BlackRock to strike deal for private credit manager HPS - reports
BlackRock has a deal in place to acquire private credit manager HPS Investment Partners, as the world’s largest asset manager seeks to continue its expansion of its alternative investment division.
BlackRock in preliminary deal to buy private credit group HPS for $12 bln- FT
BlackRock has a “handshake deal” with the firm, FT reported, with general terms of the deal to be announced after the Thanksgiving Holiday. A final price will be around $12 billion.
BlackRock has deal to buy private credit manager HPS: report
BLACKROCK has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday (Nov 27). Read more at The Business Times.
BlackRock has deal to buy private credit manager HPS
BlackRock has a handshake deal to buy private credit group HPS Investment Partners, as the world’s largest asset manager looks to bolster its private investment business with the addition of one of the biggest lenders on Wall Street.
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