NYSE:BLKCapital Markets
BlackRock (NYSE:BLK) Considers Selling Stake In Aramco Gas Pipeline Rights
BlackRock (NYSE:BLK) is currently in talks to sell its stake in the leasing rights to Saudi Aramco’s natural-gas pipeline, a move that highlights its proactive asset management approach. Over the past quarter, BlackRock's share price rose by 21% amid these negotiations. While the market saw robust gains, BlackRock's involvement in strategic discussions and positive quarterly revenue growth may have also contributed to the price movement. The confirmation of dividends and ongoing buyback...