Barclays accepted BlackRock’s offer to buy Barclays Global Investors for $13.5 billion. The combination of BGI, which is based in San Francisco, and BlackRock creates the world’s biggest money-manager, with around $2.8 trillion in assets under management.
Friday, June 19, 2009
Fund Management : Wasting Assets
Barclays accepted BlackRock’s offer to buy Barclays Global Investors for $13.5 billion. The combination of BGI, which is based in San Francisco, and BlackRock creates the world’s biggest money-manager, with around $2.8 trillion in assets under management.
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