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DSP Group to buy out BlackRock's 40% stake in joint venture

Retrieved on: 2018-05-06 22:15:00

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<div>Financial services firm DSP Group on Monday said it will buy out <b>BlackRock Inc's</b> 40% stake in joint venture DSP BlackRock Investment Managers Pvt. Ltd to become the sole owner of the asset management firm. The transaction value was not disclosed. BlackRock is the world's largest asset manager.</div>

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