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.