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S&P Global, BlackRock Among Suitors Reportedly Lined Up To Acquire Preqin
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S&P Global, BlackRock Among Suitors Reportedly Lined Up To Acquire Preqin
Jun 5, 2024 10:00 AM

12:33 PM EDT, 06/05/2024 (MT Newswires) -- S&P Global ( SPGI ) is among a slew of firms interested in data provider Preqin as it explores a sale, media outlets reported Wednesday.

Preqin sale, which was being advised by Goldman Sachs Group (GS), could value the British company at more than 1 billion British pounds ($1.28 billion), the Financial Times reported, citing people familiar with the matter.

S&P Global ( SPGI ) and BlackRock ( BLK ) are among the suitors looking to acquire Preqin, according to the publication.

Reuters reported, based on four sources. that S&P Global ( SPGI ) and the London Stock Exchange Group are among the potential bidders. The news outlet cited sources valuing the company at around 2 billion pounds.

S&P Global ( SPGI ), BlackRock ( BLK ) and the London Stock Exchange Group declined MT Newswires' requests for comment, while Preqin and Goldman Sachs didn't immediately respond to requests for comment.

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