Singapore’s Temasek acquires stake worth $3.5b in BlackRock

Singapore’s Temasek acquires stake worth $3.5b in BlackRock

REUTERS/Edgar Su

Singapore’s Temasek Holdings Pte. has become one of the largest shareholders of BlackRock Inc. after it added a 3.9% stake in the money manager that’s worth about $3.5 billion.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter