BlackRock Acquires UK-based Data Group Preqin for £2.55 Billion
BlackRock’s acquisition of UK-based data group Preqin for £2.55 billion signifies a strategic move in the financial sector, highlighting the importance of data analytics. By integrating Preqin’s expertise, BlackRock aims to enhance its offerings and provide valuable insights to clients, showcasing a commitment to innovation and growth in a competitive market environment.
Charter Communications Considers Acquisition of Altice USA
Charter Communications Inc. is considering acquiring Altice USA Inc., causing Altice USA’s stock to surge by 63%. With over $25 billion in debt, Altice USA serves nearly 5 million customers across 21 states. Charter is evaluating the potential benefits of the acquisition, but it is uncertain whether a formal approach has been made. Both companies declined to comment on the matter. These developments coincide with billionaire Patrick Drahi’s indication that every segment of his Altice empire is available for sale.
Spanish Prime Minister Pledges to Take Active Role in Key Industries
Spanish Prime Minister Pedro Sanchez has expressed his government’s intention to take a more active role in the country’s key industries, aiming to foster new opportunities in areas such as cyber security, artificial intelligence, and defense. In an interview with…