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BlackRock, Inc. M&A Activity 2025

Mar 3, 2025

29797_rns_2025-03-03_3c2615d7-c13f-4e9e-803c-e5624c86d998.zip

M&A Activity

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 3, 2025

BLACKROCK, INC.

(Exact name of registrant as specified in its charter)

DELAWARE 001-42297 99-1116001
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
50 Hudson Yards , New York , New York 10001
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (212) 810-5800

(Former name or former address, if changed since last report.)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of exchange on which registered
Common Stock, $.01 par value BLK New York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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