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Blackrock Inc To Buy Credit Credit Suisse Group AG's European ETFs-Reuters

Wednesday, 9 Jan 2013 02:10pm EST 

Reuters reported that according to a source familiar with the situation. Blackrock Inc announced that it has won the bidding for Credit Suisse Group AG's European exchange-traded fund business. The deal is expected to be announced shortly, said the source, who declined to be identified because the deal is not yet public.