Carlos Slim, the world’s richest man, bought a stake in BlackRock Inc. (BLK), the world’s largest asset manager.
Mexican billionaire Slim bought a stake worth less than 2% of the asset manager, Bloomberg News reported. Slim spokesman Arturo Elias did not give details on the exact size of the stake.
The purchase expands Slim’s U.S. holdings. He already owns stakes in retailer Saks Inc (SKS) and…
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Carlos Slim Buys Stake in BlackRock originally appeared on DailyFinance on Tue, 23 Nov 2010 07:39:00.
Filed Under: Company News, Technology, People, Investing, Media, Saks, New York Times Co, Retail, Stocks in the News