Page 4 - Blackstone

Aster DM Healthcare, Quality Care partner to create hospital chain

This is Aster's first major deal since selling its Gulf business. The company will get access to Quality's 5,500 beds, taking the merged entity's total bed count to more than 10,000

Blackstone to buy stakes in natgas producer EQT's pipelines for $3.5 bn

The Pittsburgh-based company had a net debt $13.6 billion as of Sept. 30. EQT said in July it planned to cut its debt load by $5 billion through cash it generated from operations and asset sales

Blackstone strikes $8 bn deal for sandwich chain Jersey Mike's Subs

Jersey Mike's Sub, a fast casual sub sandwich franchise, operates over 2,800 locations

Blackstone eyes 20% stake in Haldiram's snacks at $8 billion valuation

Blackstone was eyeing a stake of 75 per cent in the business and had made a non-binding bid, but those talks did not materialise as Haldiram's is no longer keen to sell a big stake

Aster DM Healthcare-Quality Care India merger talks enter final lap

US-based private equity major Blackstone may hold a majority stake in merged entity

Simplilearn cuts Ebitda losses by 75% as FY24 revenue reaches Rs 773 crore

The company's strategic emphasis on high-demand products within key growth markets has effectively addressed the evolving skill enhancement needs of professionals

Blackstone targets two new European markets in global wealth push

To help expand the business, Blackstone has promoted Sheila Rapple to chief operating officer for EMEA wealth, who relocated to London from New York in October

Blackstone in talks to acquire shopping center owner Retail Opportunity

Blackstone is likely to prevail in the auction for ROIC that has also attracted interest from other private equity firms, including Bain Capital, the sources said

Blackstone Group emerges as highest bidder for LOGOS India at Rs 1,200 cr

Blackstone was among ten bidders for the portfolio of warehouses that covered nearly 5 million square feet

Blackstone to raise at least $10 bn in Asia PE fund, focus on India: Report

The new buyout fund, Blackstone's third in Asia, will primarily focus on India with the largest percentage of capital allocated there

Piyush Goyal meets Warburg Pincus and Blackstone; seeks investments

Commerce and Industry Minister Piyush Goyal on Tuesday held bilateral meetings with global private equity firm Warburg Pincus and global investment company Blackstone here to discuss investment opportunities in India in sectors like electronics and renewable energy. At the invitation of United States Secretary of Commerce Gina Raimondo, Goyal is in the US till October 3, 2024. He will co-chair with Raimondo the India-USA CEO Forum on October 2, and the 6th India-USA Commercial Dialogue on October 3 in Washington D.C. In a series of posts on social media platform X, Goyal said that he met Timothy F Geithner, Chairman of Warburg Pincus, and discussed the efforts made by India to facilitate business entry, ease of doing business, single-window clearances and industrial infrastructure. "We explored new ideas and collaboration opportunities in sectors such as renewable energy, data infrastructure and R&D," he said. He also met Stephen A Schwarzman, Chairman, CEO and Co-Founder of ...

Blackstone confirms $13 bn investment in Britain for AI data centre

Previous plans for the site fell through when UK startup Britishvolt collapsed last year, in a blow to the country's hopes of building a home-grown battery industry

Oyo buys leading US hotel chain G6 Hospitality from Blackstone for $525mn

Oyo has steadily expanded its footprint in the United States since its launch in the region in 2019 and currently operates over 320 hotels across 35 states

Global firms appoint top India deal makers as Asia heads amid deal surge

Firms such as KKR & Co, Blackstone Inc., and more recently Carlyle are expanding the roles of their top executives to oversee the region

Blackstone real estate's Bill Stein retiring after almost 30 years

Stein, a senior managing director, was involved in signature Blackstone holdings including Hilton Worldwide, casino resort Cosmopolitan of Las Vegas and single-family home landlord Invitation Homes

Blackstone mulls selling majority stake in visa, tech firm VFS Global

Considerations are at an early stage and Blackstone may still decide against pursuing a deal, the report said

Blackstone prepares to take two firms public amid buoyant markets

Files DRHPs for Ventive Hospitality, IGI to raise funds via IPO

Blackstone to buy Australia's data centre group AirTrunk in $16 bn deal

The transaction needs approval from the Australian Foreign Investment Review Board (FIRB), given the asset is being bought by overseas parties.

Blackstone close to $13.5 billion deal to acquire Australia's AirTrunk

A deal hasn't been finalized and terms could change as talks continue, the people said. Representatives for Blackstone, Macquarie and PSP declined to comment

Horizon Industrial Parks to invest Rs 700 cr to redevelop CWC's warehouses

Logistics platform Horizon Industrial Parks, owned and managed by Blackstone Real Estate funds, will invest Rs 700 crore to redevelop warehouses of state-owned CWC in 13 locations. In a statement on Monday, the company said it has been "chosen as the lead partner by the Central Warehousing Corporation (CWC) to manage a portfolio of 13 last-mile logistics assets". The CWC is a public warehouse operator established by the central government under the Ministry of Consumer Affairs, Food & Public Distribution. During the 45 years of partnership, Horizon Industrial Parks will redevelop the government-owned assets into modern Grade-A facilities, tailored to tenants in fast-growing sectors like e-commerce, retail, third-party logistics, and cold chain. "With a development potential of 2.4 million square feet, this is one of the largest last-mile logistics portfolios in India. The investment commitment is expected to be around Rs 700 crore to support the growth of the portfolio," it ...