BlackRock in discuss a essential tie-up with Millennium

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BlackRock in discuss a essential tie-up with Millennium


By Paritosh Bansal and Carolina Mandl

NEW YORK CITY (Reuters) – BlackRock Inc stays in early-stage talks with hedge fund Millennium Management regarding a essential tie-up that may entail getting a minority danger within the bush fund, 2 sources acquainted with the difficulty claimed.

The sources claimed it was unclear whether or not the talks will surely trigger a cut price, with amongst them stating the tactical reasoning of a purchase order was unclear.

The Financial Times reported beforehand on the supply talks.

(Reporting by Carolina Mandl, in New York; Editing by Sandra Maler)



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