Global Infrastructure Partners, a part of BlackRock (BLK), announced that it has entered into a definitive agreement to acquire TCR, an independent lessor of airport ground support equipment, from 3i Infrastructure plc. Members of TCR’s management team will invest alongside GIP. Headquartered in Brussels, TCR owns and manages a global fleet of airport ground support equipment across more than 200 airports worldwide. The transaction is subject to customary closing conditions and regulatory approvals.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BLK:
- IVV vs. ITOT: Which BlackRock ETF Has More Upside Potential in 2026?
- BLK, BX, APO: Retail Investors’ Fund Exit Roils $3.5T Private Credit Market — What’s Next?
- Crypto Currents: Core Scientific sells BTC for AI amid Iran unrest
- BlackRock to sell remaining 11.4% interest in Spain’s Naturgy, Reuters says
- AES Corp. to be acquired by consortium led by GIP, EQT for $15/share in cash