BlackRock Completes Acquisition of Global Infrastructure Partners

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 Partners for a total cash consideration of $3 billion and around$12 million worth of BlackRock common stock.More on BlackRock’s Acquisition of GIPThe acquisition creates an industry leader in infrastructure, spanning equity, debt and solutions and offering a wide variety of infrastructure sector knowledge and expos ...