Blackrock's Acquisition of Preqin Firm: A Game-Changer for the Financial Landscape

Monday, 1 July 2024, 21:00

In a landmark acquisition, Blackrock has agreed to acquire the financial data firm Preqin, owned by Mark and Lindy O'Hare, for a staggering £2bn. The couple, who hold an 80% stake in the company, are set to receive a windfall from the deal. This acquisition is poised to reshape the financial industry and cement Blackrock's position as a major player in the market.

Daily Mail — Blackrock's Acquisition of Preqin Firm: A Game-Changer for the Financial Landscape

Landmark Acquisition by Blackrock

In a significant development, Blackrock has reached an agreement to acquire Preqin, a leading financial data firm.

Stakeholder Windfall

Mark and Lindy O'Hare, who collectively own 80% of Preqin, stand to gain a substantial £2bn from the acquisition.

This acquisition solidifies Blackrock's status as a formidable force in the financial industry, paving the way for enhanced market influence and strategic growth opportunities.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Landmark Acquisition by Blackrock

Stakeholder Windfall

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