BlackRock news and archive

BlackRock reportedly preparing to take stake in Vinted

Investment management firm BlackRock is believed to be circling a stake in Vinted as part of a deal that would value the fashion resale platform at around eight billion euros (seven billion pounds). According to SkyNews, BlackRock is among a string of new investors that are said to have agreed to participate in the company’s secondary share...

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Grupo Axo gets new equity investment

Grupo Axo, a Latin American multi-brand retail platform and partner to global fashion brands, has received an equity investment from funds and accounts managed by BlackRock. Grupo Axo will leverage the new funds to continue its expansion across Latin America as a premier brand partner and operator, with a particular focus on continuing the...