BlackRock to buy iShares as part of £8bn BGI deal

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BlackRock has agreed to buy iShares as part of a $13.5bn (£8.15bn) cash and shares deal to purchase Barclays Global Investors .

The deal will see Barclays take a 19.9% stake in the combined firm, which will be renamed BlackRock Global Investors. CVC Capital Partners - the firm that had previously agreed to buy BGI's excha...

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