BlackRock Inc. headquarters in New York on June 11, 2018. Photo: Bess Adler/Bloomberg
A roundup of the some of the largest deals this past week. BlackRock invests in Authentic Brands, SalesForce continues to buy companies and the Saudi Arabian Oil Co. could be prepping for an IPO.
August 19, 2019 at 06:22 PM
1 minute read
The $875 million deal struck this week between BlackRock and Authentic Brands Group that made BlackRock the largest shareholder in the brand development company was the first purchase made by BlackRock’s new Long Term Private Capital (LTPC) group.
Simpson Thacher & Bartlett, led by New York-based M&A partner Kathryn King Sudol and Houston-based M&A partner Christopher May, advised BlackRock on the deal.
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