Market Chatter: BlackRock Among Firms Said to Consider Buying HPS Investment Partners-February 2024-www.financetom.com

Market Chatter: BlackRock Among Firms Said to Consider Buying HPS Investment Partners

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Market Chatter: BlackRock Among Firms Said to Consider Buying HPS Investment Partners

Oct 10, 2024 10:25 PM

02:15 PM EDT, 10/09/2024 (MT Newswires) -- BlackRock (BLK) is one of the companies weighing a purchase of HPS Investment Partners, Bloomberg reported Wednesday, citing people with knowledge of the matter.

BlackRock and HPS have held talks, and HPS is also mulling an initial public offering that may value the company at $10 billion or higher, Bloomberg reported.

BlackRock didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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