SINGAPORE - Temasek Holdings has become one of the largest shareholders of BlackRock after it added a 3.9 per cent stake that's worth about US$3.5 billion .
The Singapore state investment firm was one of several players that bought BlackRock shares when PNC Financial Services Group sold a US$14 billion stake this year, according to people familiar with the matter. Temasek added 5.95 million shares in the second quarter, according to its 13F filings Friday with the US Securities and Exchange Commission.
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