BlackRock Stock News

BlackRock could start offering indexes and exchange-traded funds (ETFs) for private markets, the asset manager said on Monday, after it announced a deal to buy data provider Preqin for nearly $3.2 billion.

A previous version of this article gave an incorrect spelling of Preqin in the headline. The story has been corrected.

NEW YORK--(BUSINESS WIRE)--BlackRock bolstered its active ETF platform with a series of buffer ETFs that aims to provide investors with exposure to equity growth potential while seeking to maximize downside protection. The first of the series – the iShares Large Cap Max Buffer Jun ETF (Cboe: MAXJ) launched today, making it the most affordable max buffer ETF that targets up to 100% downside prot...

The company said late Sunday that it will pay cash for Preqin, a privately held firm that specializes in data about private markets.

Google will partner with BlackRock to develop a 1 gigawatt pipeline of new solar capacity in Taiwan, the U.S. tech giant announced Monday as it seeks to boost energy capacity and cut carbon emissions amid the artificial intelligence boom. The deal will see Google make a capital investment, yet to be approved by regulators, in Taiwanese solar developer New Green Power "to facilitate the buildout...

Google said it has taken a stake in Taiwan's New Green Power and could buy up to 300 megawatts of renewable energy from the BlackRock fund-owned firm to help cut its carbon emissions and those of suppliers.

BlackRock BLK 0.79%increase; green up pointing triangle, the world's largest asset management firm, plans to acquire U.K. data provider Preqin to bolster its data capabilities.

BlackRock has agreed to buy UK data firm Preqin for 2.55 billion pounds ($3.23 billion) in cash, the Financial Times reported on Sunday, citing people familiar with the matter.