BlackRock (NYSE:BLK), the giant asset manager, is weighing the sale of its interest in the leasing rights to Saudi Aramco's ...

BlackRock (NYSE:BLK) is reportedly in talks to sell its stake in Aramco’s natural-gas pipeline network, marking a significant ...

BlackRock is considering a sale of its stake in the leasing rights to Saudi Aramco's natural-gas pipeline network back to the ...

DUBAI, July 16 (Reuters) - BlackRock-led , opens new tab investors in Saudi Aramco's , opens new tab gas pipelines network have hired banks to arrange investor meetings ahead of a potential sale ...

The American investment company had acquired 49% of the entity that holds leasing rights over Aramco pipelines for $15.5bn ...

BlackRock (NYSE:BLK) is exploring a potential sale of its stake in Saudi Aramco’s natural-gas pipeline leasing entity, Bloomberg reported on Thursday, citing people familiar with the matter.

Saudi oil giant Aramco (ARMCO) is reportedly considering selling up to five gas-fired power plants, as part of a broader effort to free up funds that could generate tens of billions of dollars.

BlackRock’s stake in the assets, which it acquired in 2021, is likely to be worth billions of dollars. A consortium led by the firm had invested $15.5 billion to buy 49% of the entity that holds ...

The stake, which BlackRock acquired in 2021, is likely to be worth billions of dollars, according to the report. Reuters could not immediately confirm the report. (Reporting by Shanima A in Bengaluru) ...

The stake dates back to 2021, when a consortium led by BlackRock invested $15.5 billion to acquire 49% of a company holding leasing rights over Aramco’s gas pipelines.