'BlackRock in Talks With Ambani for India Private Credit Venture' - Bloomberg
Portfolio Pulse from Benzinga Newsdesk
BlackRock is in discussions with Mukesh Ambani to establish a private credit venture in India. This move could expand BlackRock's presence in the Indian financial market and potentially increase its revenue streams.
October 16, 2024 | 12:17 pm
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BlackRock is negotiating with Mukesh Ambani to create a private credit venture in India, which could enhance its market presence and revenue.
The partnership with a prominent figure like Mukesh Ambani in a growing market like India could significantly enhance BlackRock's market presence and revenue potential. This strategic move aligns with BlackRock's expansion goals, making it a positive development for the company.
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