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BlackRock Chairman: Portfolio to Have 100 Ports Worldwide After Completion of Deal with CKH HOLDINGS
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BlackRock (BLK.US) released its 2025 letter to investors, in which Chairman Larry Fink said that BlackRock is the world's largest asset manager, and believed that when people can invest better, they can lives better. In the past 14 months, BlackRock has acquired infrastructure firm Global Infrastructure Partners (GIP) and HPS Investment Partners, a credit investment firm, and has transformed itself from a traditional asset manager to one that allows investors to capture more market opportunities through BlackRock. The GIP is a pipeline connecting BlackRock's clients directly to the world's US$68 trillion infrastructure boom, and envisioned that the consortium would have a portfolio of approx. 100 ports around the world upon closing of the deals with Mediterranean Shipping Company (MSC) and TiL and the acquisition of port assets from CKH HOLDINGS (00001.HK), marking the deals as milestone, Fink added. AAStocks Financial News |
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