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Friday newspaper round-up: BlackRock buys Barclays Global

Date: Friday 12 Jun 2009

BlackRock, the giant US money manager, is to buy Barclays Global Investors for $13.5bn (£8.2bn) in a deal that will make it the world’s biggest asset manager, the Times reports.

The sale, which also includes the iShares business, will more than double BlackRock’s assets to roughly $2.7trn and...

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