On Friday, Britain’s competition regulator said it was launching a probe into asset management firm BlackRock’s (NYSE: BLK) 2.55 billion pounds ($3.22 billion) acquisition of UK data firm Preqin.
The Competition and Markets Authority has set February 12 as the deadline for its Phase 1 decision of the probe into the deal announced in June.
($1 = 0.7910 pounds)
