Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:BlackRock Sells Slim Stake to $64B Man Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, November 24, 2010

BlackRock Sells Slim Stake to $64B Man

News summary by MFWire's editors

Larry Fink just brought the richest man in the world into the BlackRock [see profile] fold as a shareholder. The Financial Times' Henny Sender reports that Carlos Slim now controls about two percent of BlackRock's comment stock in the wake of Bank of America's and PNC's sales of shares earlier this month. Yet Bloomberg's Crayton Harrison claims that Slim's stake is under two percent.

According to the FT, Norges Bank (which controls Norway's sovereign wealth fund) also bought in during that share sale.

Slim, who controls Mexico City-based cell phone giant America Movil and the bank Grupo Financiero Inbursa SAB, is worth about $64 billion, according to Bloomberg.

Barron's, DailyFinance, Forbes, InvestmentNews and TheStreet all covered the story. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use