Blackstone said it has raised about $9.4 billion in new Asia-focused funds, adding to a massive industry-wide pool of money for Asian acquisitions and investments.
Blackstone Group is seeking to deepen its exposure to Australian commercial property with a A$3.08 billion bid for Sydney-focused company Investa Office Fund.
Private equity firm Blackstone Group LP said it would buy U.S. hotel owner LaSalle Hotel Properties for $3.7 billion, topping a rival bid from Pebblebrook Hotel Trust in April for $3.5 billion.
Private equity firm Blackstone Group LP has decided to exit Hilton Worldwide Holdings Inc by selling its about 5.8 percent stake or 15.8 million shares, the hotel chain operator said.
Blackstone Group will buy commercial real estate manager Gramercy Property Trust in a $7.6 billion all-cash deal, the companies said.
BlackRock Inc plans to raise about $10 billion as part of a new business that would take direct stakes in companies, according to a person familiar with the matter.
Blackstone Group LP said that its fourth-quarter economic net income rose 5 percent year-on-year to $850 million.
China’s HNA Group has reached a deal to sell a building in Sydney to Blackstone Group for about $161 million, two people with direct knowledge of the matter said.
The issue of 2.28 bn new shares at 262.8 yen per share, a 10% discount to Friday’s close, will result in a massive 54% dilution in earnings per share.
Blackstone Group has called off the sale of its A$3.5 billion Australian shopping mall portfolio, a source said, as the looming arrival of Amazon.com spooks buyers.
Minority investors divided over changes at ICICI bank
Fund managers seek clarity on governance & leadership for investment decisions
Kochhar's fully paid leave raises questions
Proxy advisory firm raises questions on remuneration
Will issue 5.1% equity shares worth Rs 746 Cr to investors, priced at Rs 1,661/sh
IIFL's wealth management business valued at Rs 14,600 Cr
Investors include Amansa holdings, General Atlantic Singapore & HDFC Standard Life
Gets final USFDA approval for Generic Sustiva
U.S. Sales stood at approximately $105 Mn in a 12 month period, ending in April 2018
Nerolac to enter share purchase agreement with RAK paints in Bangladesh
Will acquire 55% paid up equity share capital in RAK paints for Rs 45.8 Cr
Acquisition to be complete by 31st July 2018
UPL consortium said to be in talks to buy platform's agri pesticide unit Arysta Lifescience
UPL to team up with Abu Dhabi investment authority for Arysta Lifescience
UPL group's talks for Arysta Lifescience unit said to be in advanced stages