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BLK Jan 2026 1020.000 put
- Reuters
BlackRock pushed Anglo to extend talks with BHP, FT reports
BHP, the world's biggest listed mining group, now has until May 29 to make a firm bid for Anglo American or it will be forced to walk away for at least six months under the UK's takeover rules after it was granted a one-week extension on Wednesday. BlackRock was among a handful of investors that encouraged meaningful negotiations with BHP, the FT said, citing people close to the situation. Two other significant shareholders, Ninety One and Sanlam Investments, also backed the decision to extend talks, despite concerns about a deal structure that requires Anglo to spin off its stakes in its South African platinum and iron ore units, the newspaper added.
- Barrons.com
How to Build Your Retirement Paycheck—and Make It Last
When it comes to retirement, many Americans are on their own. New annuity-like products from companies like BlackRock are cropping up in 401(k) plans, aiming to siphon off a portion of savings and put them into income vehicles that will guarantee paychecks for life. Despite their negative connotations, there are good reasons to consider some types of annuities as part of a retirement paycheck that may include other sources like Social Security, portfolio income, and capital gains.
- Reuters SG
UPDATE 1-Malaysia airport privatisation deal clouded by protests over Gaza war
A group of prominent Malaysian civil society bodies have started a protest against a bid by a consortium including a firm in the process of being acquired by BlackRock to take the country's airport operator private amid boycott campaigns against some U.S. firms over the Gaza war. Around 22 organisations have issued a joint statement urging the government to reconsider and block BlackRock's participation in the deal worth about $2.6 billion to take Malaysia Airports Holdings (MAHB) private, alleging the firm has ties with Israel. A consortium led by Malaysia's sovereign wealth fund Khazanah Nasional Bhd and state pension fund the Employees Provident Fund (EPF) announced on May 15 an offer for the shares of MAHB it doesn't already own.
