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BlackRock, State Street and Vanguard
BlackRock, Vanguard, State Street sued by Republican states over climate push
BlackRock , Vanguard and State Street have been sued by Texas and 10 other Republican-led states, which said the large asset managers violated antitrust law through climate activism that reduced coal production and boosted energy prices.
BlackRock, Vanguard, and State Street accused of antitrust violations by Texas
Inc., Vanguard Group Inc., and State Street Corp. were sued by a group of states led by Texas for allegedly breaking antitrust law by boosting electricity prices through their investments, in the highest-profile lawsuit yet against the beleaguered ESG industry.
BlackRock, Vanguard, State Street sued over alleged antitrust law breaking
Vanguard, and State Street Corp (STT) have been sued by a group of states led by Texas for allegedly breaking antitrust law. These companies are accused of boosting electricity prices through their investments.
BlackRock, State Street, Vanguard sued by GOP states over ESG goals
The American consumer is entitled to enjoy the fruits of free markets, vigorous competition, and (in the case of BlackRock) honest investment managers,” the complaint said.
BlackRock, Vanguard Accused of Antitrust Violations by Texas
BlackRock Inc., Vanguard Group Inc. and State Street Corp. were sued by a group of states led by Texas for allegedly breaking antitrust law by boosting electricity prices through their investments, in the highest-profile lawsuit yet against the beleaguered ESG industry.
Blackrock, State Street, Vanguard sued by Republican states over climate accords
Texas and 10 other Republican-led states sued institutional investors Blackrock, State Street and Vanguard on Wednesday, accusing them of violating antitrust law through climate activism that the states say led to diminished coal production.
BlackRock, Vanguard Accused of Antitrust Violations
A group of states, led by Texas, is suing BlackRock, Vanguard and State Street for allegedly breaking antitrust law by boosting electricity prices through their investments. Bloomberg's Sally Bakewell joined Bloomberg Open Interest to talk about the lawsuit and what it means for the ESG industry.
HPS, BlackRock
BlackRock Has Deal to Buy Private Credit Manager HPS, FT Reports
(Reuters) - BlackRock has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday. The final deal value would be closer to $12 billion, which offers a significant premium over HPS's post-IPO valuation of $10 billion, the report said, citing two sources familiar with the matter.
BlackRock Nears Deal To Acquire Private Credit Manager HPS: Report
BlackRock had a verbal agreement to acquire a private credit manager, HPS Investment Partners. The deal was first reported by the Financial Times, stating that the value of the deal would be closer to $12 billion. This would give HPS a higher premium as compared to a post-IPO scenario, which would only give it a valuation of $10 billion.
BlackRock in preliminary deal to acquire HPS for about $12B, FT reports
BlackRock (BLK) has a handshake deal to buy HPS Investment Partners, FT reports. The two sides have hashed out a broad outline of the deal, and
22h
AG Ken Paxton sues BlackRock, Vanguard for jacking up electric prices through investments
BlackRock Inc., Vanguard Group Inc. and State Street Corp. were sued by a group of states led by Texas for allegedly breaking ...
32m
Pensions savings confidence hits seven-year low, says BlackRock
Three-quarters of UK defined contribution pensions savers say they are not on track to achieve a “reasonable standard of living” in retirement, according to asset manager BlackRock, marking the lowest ...
Courthouse News Service
17h
BlackRock named in Republican AGs’ antitrust suit over climate goals
BlackRock, State Street and Vanguard own substantial shares in American coal companies. The AGs claim they conspired to force ...
MarketWatch
15h
BlackRock Inc. stock underperforms Wednesday when compared to competitors
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...
Business Wire
1d
BlackRock Announces Board Approval of Closed-End Fund Reorganization
BlackRock Advisors, LLC announced today that the Boards of Directors of BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) ...
1d
on MSN
Citi Hires BlackRock’s Kate Moore as Wealth Division CIO Amid Revamp
The former head of thematic strategy for BlackRock’s global allocation team will join Citi’s wealth business as chief ...
FTAdviser
1d
BlackRock launches active money market ETF
BlackRock has launched its first actively managed, short-term money market exchange traded fund. It said there has been a ...
2d
on MSN
BlackRock and Vanguard hire Egan-Jones to guide investors uninterested in social and environment woes
In recent years the ESG — environmental, social and governance — label has provoked investor pushback. Egan-Jones’ ESG-free ...
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