UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
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| Item 8.01 | Other Events. |
On March 3, 2025, BlackRock, Inc. (the “Company”) announced that it had completed its previously announced acquisition of Preqin Holding Limited (together with its subsidiaries, “Preqin”), a leading independent provider of private markets data. The Company, through one of its wholly owned subsidiaries, acquired 100% of the shares of Preqin Holding Limited for an enterprise value of £2.55 billion (or approximately $3.2 billion based on the GBP/USD foreign exchange rate at December 31, 2024) in cash. The consideration for the acquisition was funded with the proceeds of the Company’s previously completed offering of $2.5 billion of senior notes, as well as available cash.
A copy of the press release issued by the Company announcing the completion of the acquisition of Preqin is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 8.01.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| 99.1 | Press Release, dated March 3, 2025 | |
| 104 | Cover Page Interactive Date File (embedded within the Inline XBRL document) | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BlackRock, Inc. | ||||||
| (Registrant) | ||||||
| By: | /s/ R. Andrew Dickson III | |||||
| Date: March 3, 2025 | R. Andrew Dickson III | |||||
| Managing Director and Corporate Secretary | ||||||