BlackRock, Inc. — Form 10-Q
Filed November 4, 2026 · analyzed by the Periodic Agent
10-Q
▼ Likely negative
significance 28/100
What the filing says
Global Infrastructure Management LLC, a BlackRock consolidated subsidiary, obtained a minority noncontrolling interest in Malaysia Airports Holdings Berhad in March 2025. MAHB operates Kuala Lumpur International Airport and 38 other Malaysian airports plus one Turkish airport. In August 2026, Iran Airtour resumed flights to one MAHB-operated airport; MAHB does not track profits from these activities. BlackRock has not independently verified the information or confirmed ITRSHA applicability.
Why this rating
Indirect Iran sanctions exposure via minority stake in airport operator; immaterial to $159B company but reputational/compliance risk. No financial quantification provided.
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