AMWatch

Blackrock builds stake in unlisted Swedish firm - valued at EUR 935 million

The world's largest asset manager has bought into payment platform Trustly. The owners include other global asset managers.
Photo: Trustly
Photo: Trustly
BY JÖRGEN SKJELSBÆK / FINANSWATCH.NO

When a consortium led by the world's largest asset manager, Blackrock, becomes a minority owner of a company like Trustly, this means that the firm's value has surpassed EUR 935m (NOK 10bn), according to sources that have spoken to Techcrunch.

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