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Merger Update: BlackRock / Preqin

RNS Announcement

RNS Number : 9065P

Competition and Markets Authority

13 December 2024

Start of CMA Merger Investigation: BlackRock / Preqin

The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that merger may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

The CMA announced the launch of its merger inquiry by notice to the Parties on 13 December 2024 and has a deadline of 12 February 2025 for its phase 1 decision.

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RNS metadata

Title: Merger Update: BlackRock / Preqin
Time: 12:00:00
Date: 13 Dec 2024
Category: Acquisitions and alliances
ID: 9065P