BLACKROCK to acquire GRASIM

BlackRock has agreed to acquire Grasim in a transaction announced on 19 January 2026. The deal involves the asset management firm purchasing the industrial conglomerate, which operates within the electricity, gas and steam sector. No specific financial consideration or deal value has been disclosed to the public at this stage. The transaction structure remains undefined in available reports, and no details regarding the currency or payment method have been released.

The acquisition is currently subject to regulatory review as the transaction status remains in review. Completion has not yet been confirmed, and no final closing date has been established for the deal. The parties are proceeding with the necessary approvals required to finalise the transfer of ownership. Further updates regarding the progress of the regulatory process will be provided once the outcome becomes known.