BlackRock To Acquire Barclays

Jaworski, Alexa
June 2009
Securities Industry News;6/15/2009, Vol. 21 Issue 13, p5
Trade Publication
The article reports on the decision of BlackRock to enter a purchase agreement to buy Barclays Global Investors (BGI) from Barclays Plc in 2009. According to Blackrock, the merger will create an asset management firm to be called BlackRock Global Investors with combined assets under management of over $2.7 trillion. The firm's product offerings include equities, cash management and alternatives.


Related Articles

  • BlackRock BLK. Peters, Josh; Warren, Greggory // Morningstar DividendInvestor;Sep2011, Vol. 7 Issue 8, p17 

    The article discusses BlackRock BLK as the world's biggest asset manager. It states that the company's acquisitions of Barclays Global Investors NA in 2010 and Merrill Lynch Investment Managers Ltd. in 2006 doubled its assets under management (AUM). It believes that the company is a...

  • Barclays to Sell its Asset Management Division.  // EmergingMarketsNOW;5/15/2009, p5 

    The article reports that Barclays PLC is planning to sell off its asset management division, Barclays Global Investors (BGI) to BlackRock Inc. BGI is the asset management arm of Barclays, operating in 15 countries and offers funds focusing on active, index and asset-allocation strategies and...

  • BlackRock in $13.5 Billion Deal for Barclays Global. Green, James J. // Investment Advisor;Jul2009, Vol. 29 Issue 7, p26 

    The article reports on the announcement of the plan of BlackRock Inc. to acquire Barclays Global Investors for 13.5 million dollars in the U.S. BlackRock will pay 6.6 billion dollars in cash and 37.8 million shares of common stocks and equivalents. The acquisition will establish the BlackRock...

  • BlackRock Scoops Up BGI. Ackermann, Matt; Morgan, John // Investment Management Weekly;6/12/2009, p2 

    The article reports on the sale of Barclays' asset management business, Barclays Global Investors (BGI), to BlackRock for $13.5 billion in 2009. It notes that the sale offers Barclays a nearly 20% interest in the newly combined money management group, BlackRock Global Investors. According to...

  • BlackRock outlook good despite stock slip. Appell, Douglas // Pensions & Investments;8/23/2010, Vol. 38 Issue 17, p6 

    The article reports that BlackRock Inc.'s stock price has suffered this year following the firm's acquisition of Barclays Global Investors NA in December 2009. On August 20, 2010, BlackRock's stocks closed at dollar 145.40 a share. BlackRock's price-earnings premium of more than 20 percent over...

  • BlackRock takes lead in indexing. Kozlowski, Rob // Pensions & Investments;9/20/2010, Vol. 38 Issue 19, p5 

    The article reports on a survey conducted by the periodical related to the acquisition of Barclays Global Investors NA (BGI) by BlackRock Inc. According to the survey, this acquisition has strenghtened the company's internally managed indexed assets to 1.697 trillion dollars for 2010 ended June...

  • Proliferation of ETFs is a cause for concern. TORA, BRIAN // Money Marketing;12/4/2014, Issue 1464, p35 

    The author conveys his thoughts about the proliferation of exchange-traded funds. Topics mentioned include the dominance of investment management firm BlackRock in the market after its takeover of Barclays Global Investors, the acquisition of the Wells Fargo investment operations by Barclays,...

  • Much afoot in 2009. Crawford, Gregory // Pensions & Investments;12/28/2009, Vol. 37 Issue 26, p1 

    The article presents information on recent developments related to investment. It is stated that the pay-to-play private placement scandal was the top institutional investment story of the year 2009. The fallout from the discovery of Bernard Madoffs hedge fund Ponzi scheme affected most of the...

  • BlackRock rules roost. Carter, Drew // Pensions & Investments;10/18/2010, Vol. 38 Issue 21, p17 

    The article offers information on the acquisition of Barclays Global Investors NA (BGI) by BlackRock Inc. and how it led BlackRock Inc. to become the world's largest money manager. It states that BlackRock Inc. managed 3.35 trillion dollars in assets. It mentions that the acquisition helped...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics