BlackRock is sole bidder in talks to buy private credit firm HPS: report

BlackRock is sole bidder in talks to buy private credit firm HPS: report

FILE PHOTO: The BlackRock logo is pictured outside their headquarters in the Manhattan borough of New York City, New York, U.S., May 25, 2021. REUTERS/Carlo Allegri/File Photo

Asset management giant BlackRock has emerged as the sole bidder in talks to acquire private credit firm HPS Investment Partners, Bloomberg News reported on Tuesday, citing people with knowledge of the discussions.

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