Page 12 - Blackstone

Top Headlines: Factory output rises 3.6%, Blackstone to buy Piramal Glass

IPL boosts Hotstar's subscriber base, Standard and Poor's downgrades Sri Lanka's sovereign credit rating and more top headlines of the day

Blackstone poised to buy Piramal Glass for $1 billion: Report

The transaction could be announced as soon as in the next few weeks, the report said

Tough task ahead for Malavika Hegde, the new CEO of Coffee Day Enterprises

While her appointment came as no surprise, she will have to rebuild a struggling enterprise that has been selling its non-core assets to prune its debts

Blackstone, Brookfield bet on Indian office REITs for attractive yield

Brookfield Asset Managem­ent in October agreed to pay $2 billion for 12.5 million square feet of rent-yielding offices and co-working spaces in Asia's No 3 economy

Will exercise first refusal on Hines stake in Gurugram property: DLF

Blackstone, Brookfield, Allianz make ₹2,000-crore bid for the property

Prestige Estates Projects looks to offload residual stake in malls

Prestige will sell 85-87 per cent in its nine operational malls to Blackstone in places such as Bengaluru, Mysuru, Mangaluru, and Hyderabad

Blackstone seeks $5 billion for second Asia buyout fund, says report

The company closed its first Asian private equity fund at about $2.3 billion in 2018

Will retire Rs 6,000-crore debt after Blackstone deal: Prestige Estates CMD

The total portfolio is expected to be around 21 million square feet (mn sq ft) of completed and under construction projects, said CMD Razack

Prestige Estates to sell assets worth Rs 11,000 cr to Blackstone, cut debt

Indian company plans to build twice the amount of commercial property space it is selling to the global fund manager.

Blackstone-backed Embassy Reit eyes large office parks for acquisition

The Blackstone-backed Reit is looking at an asset size of anywhere between 2 million square feet to 10 million square feet for acquisitions

Prestige Estates signs deal with Blackstone for stake sale in firm's assets

Prestige Estates is looking to sell the assets to reduce debt and generate liquidity via the Blackstone deal

Blackstone nears $2 billion India property deal with Prestige: Report

The US private equity group is in advanced talks to acquire Prestige Estates Projects' rent-yielding assets including offices and operating malls

RBI's stand on FDI from Mauritius to slow down PE inflows in NBFCs

Some $1-1.5 billion annual inflows in NBFC space likely to be impacted with RBI move

Blackstone refinances Rs 2,500-cr lease rental discounting loans with SBI

It will be one of the largest such LRD refinancing by a bank in commercial properties in recent years, said sources

Blackstone sells 23% stake in Essel Propack via open market transactions

Blackstone sold 23 per cent stake in Essel Propack, one of the largest manufacturers of laminated tubes used mostly by FMCG and pharma companies

Blackstone, Partners Group Holding in race to acquire Piramal Glass

Parent to seek $1 billion valuation from unit sale

Takeda Pharmaceutical to sell Japan health business to Blackstone

Japan's largest pharmaceuticals company has been selling its over-the-counter (OTC) assets worldwide

Japan's Takeda Pharma sells drugs subsidiary to US Blackstone fund

Takeda Pharmaceutical Co is selling its subsidiary in Japan focused on consumer healthcare to US investment fund Blackstone Group.

Life sciences is the next logical area for India: Blackstone CEO

CEO Stephen A Schwarzman spoke to Pavan Lall in a video chat about the future of commercial realty in India, recovery from a global recession, India's return to growth path, Covid-19 vaccine and more

Prestige Estates looks to pare debt, raise liquidity via Blackstone deal

Bengaluru-based realtor has over 30 mn sq ft of offices and over five mn sq ft of malls under various stages of development