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BlackRock To Purchase Custom Index Provider Aperio For $1B To Boost Portfolio Management Services
Tuesday, November 24, 2020 - 12:00am | 327Investment management company BlackRock Inc (NYSE: BLK) has agreed to absorb operations of wealth management company Aperio Group along with the employees. Aperio is backed by private equity firm Golden Gate Capital. What Happened: The $1.05 billion acquisition deal will be settled...