BlackRock's GIP Set to Acquire AES Corp for $38 Billion, Shares Surge
Financial MarketsAES CorpUpdated 7 hours ago

BlackRock's GIP Set to Acquire AES Corp for $38 Billion, Shares Surge

BlackRock's Global Infrastructure Partners is nearing a $38 billion acquisition of AES Corp, resulting in a surge in the latter's shares. This deal underscores the increasing interest in renewable energy and infrastructure investments, positioning both companies for future growth and innovation in the energy sector.

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BlackRock’s GIP nears $38 bln deal to acquire AES Corp, shares surge - FT
PositiveFinancial Markets
BlackRock's Global Infrastructure Partners (GIP) is on the verge of finalizing a significant $38 billion acquisition of AES Corp, a move that has led to a surge in the company's shares. This deal is noteworthy as it highlights the growing interest in renewable energy and infrastructure investments, reflecting a broader trend in the market. The acquisition could enhance BlackRock's portfolio and position AES Corp for future growth, making it a pivotal moment for both companies and investors alike.
BlackRock’s GIP nears $38 billion takeover of utility group AES, FT reports
PositiveFinancial Markets
BlackRock's Global Infrastructure Partners (GIP) is reportedly close to finalizing a $38 billion acquisition of the utility group AES. This significant move highlights the growing interest in utility investments, especially as the demand for sustainable energy solutions increases. The takeover could reshape the energy landscape, providing BlackRock with a substantial foothold in the utility sector and potentially leading to innovations in energy management.

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