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BlackRock Exclusive: Move to Bolster Position in Italy by Managing €3 Billion of Assets

BlackRock Inc. is currently negotiating with Italy’s state-owned trade credit insurer, Sace, to potentially manage up to €3 billion in assets.

BlackRock, Inc. logo on billboard, BlackRock, Inc. PHOTO: Shutterstock
BlackRock, Inc. logo on billboard, BlackRock, Inc. PHOTO: Shutterstock

This strategic initiative could significantly strengthen BlackRock’s presence in Italy, the euro zone’s third-largest economy.

Although discussions are ongoing, sources

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