BlackRock Unit HPS Invests $50 Million in Teleport

MT Newswires Live

01/22

BlackRock (BLK) unit HPS Investment Partners invested $50 million in Malaysian logistics firm Teleport, Teleport said Thursday.

Funds managed by HPS will subscribe to redeemable convertible perpetual securities issued by Teleport, a unit of Capital A, Teleport added. The transaction values Teleport at $500 million, it said.

BlackRock did not immediately respond to MT Newswires' request for comment.

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The transaction values Teleport at $500 million, it said.</p><p>BlackRock did not immediately respond to MT Newswires' request for comment.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0320765489.SGD","symbol_name":"FTIF - Franklin Mutual US Value A Acc SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2605492280","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2605492280","pubTimestamp":1769091652,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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