BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
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Here’s how investors will be affected by BlackRock’s $12 billion purchase of private-credit provider HPS
In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.MarketWatch - 13h -
BlackRock Acquires HPS, a Major Lender of Private Credit
The world’s largest investor is buying HPS, a major provider of private credit, for $12 billion.The New York Times - 8h -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - 16h -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - 1d -
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.CNBC - 1d -
Critical Role May Expand Into Video Games
In March 2025, the Critical Role team will celebrate the 10th anniversary of their wildly popular live play series that led to an independent media empire that includes The Legend of Vox Machina ...GameSpot - 16h -
12/2: The Daily Report
Lindsey Reiser reports on President Biden's pardon of his son Hunter, the latest controversy surrounding President-Elect Trump's incoming administration, and what's next for Hezbollah amid the ...CBS News - 21h -
12/3: The Daily Report
Jericka Duncan reports on efforts to drum up support on Capitol Hill for President-Elect Trump's administration picks, what happens next in South Korea following its president's reversal of a ...CBS News - 3h
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