NYSE:BLKCapital Markets
BlackRock AES Talks Put Focus On Infrastructure Growth And Valuation
BlackRock's Global Infrastructure Partners and EQT are in advanced talks to acquire AES in a potential large global infrastructure transaction.
The discussions, if successful, would significantly broaden BlackRock's reach in energy infrastructure through its infrastructure investing platform.
The development comes as BlackRock (NYSE:BLK) trades around $1,063.23 per share, with an 11.0% return over the past year.
For you as an investor, the AES talks put a spotlight on how BlackRock is using...