The most disheartening aspect of the BlackRock-led consortium’s proposal to take over Hutchison in a staggering infrastructure deal valued at $22.8bn is the involvement of BlackRock itself.
Of course
For the $11.6trn-AUM-asset manager to help bidding partner MSC bulk up and achieve global dominance in end-to-end sea-to-shore shipping, however, was a natural next step after the $12.5bn purchase of Global Infrastructure Partners (GIP) a year ago – when Premium labelled the deepening …
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