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Tuesday, Sep 29, 2026
1 US Lawmakers Urge Regulators to Block $33.4B BlackRock AES DealAESBLK 💼 Business Sep 29, 1:35 PM EDT 6/5
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US Lawmakers Urge Regulators to Block $33.4B BlackRock AES DealAESBLK
💼 Business Sep 29, 1:35 PM EDT 6/5
Senator Elizabeth Warren and other members of Congress are fighting the proposed purchase of power company AES by a consortium led by BlackRock. These legislators have called on energy regulators to reject the $33.4 billion deal and prevent the transfer of the utility company.
The BlackRock-led consortium is currently seeking the government approvals necessary to finalize the takeover. The intervention by Warren and her colleagues is a direct effort to pressure regulators to deny the transaction during the review process.