BlackRock Plots Sale of Pensions Specialist Heywood

BlackRock plots sale of pensions specialist Heywood

The asset management behemoth's Long Term Private Capital vehicle is working with bankers on the sale of the software company it bought in 2021, Sky News learns.

BlackRock Plots Sale Of Pensions Specialist Heywood - Great Yorkshire Radio

Sky News has learnt that BlackRock’s Long Term Private Capital (LTPC) vehicle is working with bankers on the sale of Heywood, for which it paid about £350m in 2021. City sources said that advisers at Evercore had been hired to work on the deal. A formal sale process is expected to get underway in the near future. Money latest: Age group most affected if state pension age raised early Heywood – previously known as Aquila Heywood – was formed from…