June 30 (Reuters) - BlackRock Inc ( BLK ):

* TO ACQUIRE PREQIN, LEADING PRIVATE MARKETS DATA SOLUTIONS

PROVIDER

* HAS AGREED TO ACQUIRE PREQIN, A LEADING INDEPENDENT

PROVIDER OF

PRIVATE MARKETS DATA FOR £2.55 BILLION OR APPROXIMATELY $3.2

BILLION IN CASH.

* HAS AGREED TO ACQUIRE PREQIN, A LEADING INDEPENDENT

PROVIDER OF

PRIVATE MARKETS DATA FOR £2.55 BILLION OR APPROXIMATELY $3.2

BILLION IN CASH

* AGREED TO ACQUIRE PREQIN, A LEADING INDEPENDENT PROVIDER

OF

PRIVATE MARKETS DATA FOR £2.55 BILLION OR APPROXIMATELY $3.2

BILLION IN CASH

* PREQIN FOUNDER MARK O'HARE WILL JOIN BLACKROCK AS A VICE

CHAIR

AFTER CLOSE OF TRANSACTION.

* IN 2024, PREQIN IS EXPECTED TO GENERATE $240 MILLION OF

HIGHLY

RECURRING REVENUE

* TRANSACTION IS EXPECTED TO CLOSE BEFORE YEAR-END 2024

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