BlackRock to Acquire Infraestructura Institucional

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BlackRock (BLK) to Acquire Mexico-Based Infraestructura Institucional

June 12, 2015 8:13 AM EDT

BlackRock (NYSE: BLK) entered into a definitive agreement to acquire Infraestructura Institucional, Mexicos leading independently managed, infrastructure investment firm, expanding BlackRocks infrastructure capabilities in Mexico and deepening the Companys presence in the country.

The agreement builds upon BlackRocks existing $6 billion global infrastructure platform and strengthens the Firms long-standing Mexico business. The acquisition will fully enable BlackRock to deliver to its local and international clients the compelling infrastructure... More