BlackRock to buy French software firm eFront for $1.3 billion in cash

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BlackRock to buy French software firm eFront for $1.3 billion in cash
France Dernières Nouvelles,France Actualités
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World's biggest asset manager BlackRock Inc said on Friday it would buy Fre...

FILE PHOTO: The company logo for BlackRock is displayed on a screen on the floor of the New York Stock Exchange in New York, U.S., March 30, 2017. REUTERS/Brendan McDermid/File Photo

BlackRock plans to integrate eFront with its investment platform Aladdin, which is used by more than 225 institutions around the world.

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