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.
JSW Steel Limited
May bid for Arcelor-Mittal's Romanian plant
Gets DCGI's marketing nod for key cancer drug
Inks 5-year I.T. Infra deal with Nokia
BANK OF MAHARASHTRA
To raise Rs 3,000 Crore equity capital
Plans to launch 50 cvs this fiscal
Company may bid for Arcelormittal's Romanian plantco
Proposes investment of $500 Mn to upgrade steel manufacturing unit at Ohio, USA
Integrated steel manufacturing unit in Ohio, with potential capacity of 3 MTPA
Company gets marketing nod for Durvalumab drug from DCGI
Durvalumab is a patented product of AstraZeneca Global
Permission significant for patients with limited treatment options
Nokia signs 5-year global I.T. Infra & application services deal with company
Company will transition services from four incumbent vendors
Will build on strong existing engineering-centric partnership with this deal worth $500 Mn
BANK OF MAHARASHTRA
Gets shareholders' nod for raising equity capital upto Rs 3,000 Cr
Bank union requests govt to intervene in bank's arrests
AIBEA writes to DFS secy to step-in to save bank's reputation
May have rotating chairman till full time chairman is appointed
U.S. Investors of bank want Kochhar to quit
Investors will be confident if external candidate is appointed as CEO: Macquarie
TOI & ET REPORTS