Dec 3 (Reuters) - BlackRock ( BLK ):

* BLACKROCK TO ACQUIRE HPS INVESTMENT PARTNERS TO DELIVER

INTEGRATED SOLUTIONS ACROSS PUBLIC AND PRIVATE MARKETS

* BLACKROCK INC ( BLK ) - TO ACQUIRE HPS FOR $12 BILLION IN EQUITY

* BLACKROCK ( BLK ) - PROPOSED DEAL FOR APPROXIMATELY $12 BILLION

* BLACKROCK INC ( BLK ) - TRANSACTION EXPECTED TO CLOSE IN MID-2025

* BLACKROCK INC ( BLK ) - TO RETIRE OR REFINANCE $400 MILLION OF HPS

DEBT

* BLACKROCK ( BLK ): DEAL IS EXPECTED TO BE MODESTLY ACCRETIVE TO

BLACKROCK'S AS-ADJUSTED EARNINGS PER SHARE IN FIRST FULL YEAR

POST-CLOSE

* BLACKROCK ( BLK ): DEAL EXPECTED TO INCREASE PRIVATE MARKETS

FEE-PAYING

AUM & MANAGEMENT FEES BY 40% AND 35%, RESPECTIVELY

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