The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Friday: ** KKR & Co and BlackRock Inc are among the leading global investors in talks to purchase a stake in China Huarong Asset Management Co Ltd as the bad-debt manager seeks to raise more than $2 billion, people familiar with the matter told Reuters.** Japanese utility Chubu Electric Power Co Inc and trading house Mitsui & Co Ltd are set to sign memorandums of understanding with Indian firms to cooperate in the energy sector, industry sources said. Chubu aims to sign an agreement with GAIL (India) Ltd, while Mitsui plans to expand its existing partnership with India's Oil And Natural Gas Corp.
BlackRock, Inc. (BlackRock) is an investment management firm. Shares of BLK fell by 2.57% or $-8.32/share to $315.57. In the past year, the shares have traded as low as $231.66 and as high as $326.00. On average, 586868 shares of BLK exchange hands on a given day and today's volume is recorded at 1136547.
Shares of MITSY remained unchanged at $280.83. In the past year, the shares have traded as low as $243.11 and as high as $306.18. On average, 4052 shares of MITSY exchange hands on a given day and today's volume is recorded at 0.
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