CVC Capital Partners has decided not to make a counter-bid for Barclays Global Investors - a move which clears the way for the fund management firm's acquisition by BlackRock.
Barclays said it would ask shareholders to approve BlackRock's US$13.5bn (£8.15bn) cash and shares offer for BGI. CVC had offered in April $4.4bn for BGI's exchange traded fund business, iShares,...
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