Blackstone related stories
All articles and analysis
Apollo’s amusement park deal collapsesThe firm had offered $2.4bn, which included the assumption of debt, to acquire Ohio-based Cedar Fair. The deal did 'not have the required level of investor support', the company said.
- Report: Blackstone, KKR and Temasek in running for Chinese insurer
The private equity majors and sovereign wealth fund are reportedly among the first round bidders for AXA’s majority stake in Taikang Life, which is valued at $1.05bn.
- Wellcome, Blackstone team up for UK bank bid
The two giants of the private equity world are joining forces to buy a number of RBS branches.
- CalSTRS commits $350m to Angelo Gordon and GSO
The $133bn pension committed up to $250m to a Blackstone/GSO fund that will provide capital to distressed companies, and $150m to an Angelo Gordon distressed debt fund.
- Blackstone in $50m Indian media deal
The firm is acquiring an undisclosed stake in Jagran Media, which owns the Dainik Jagran newspaper.
- Blackstone battles placement agent rule in California
The mega-firm has hired a lobbyist to advocate against a proposed California law that would end payments to placement agents for successful fundraisings.
- Blackstone-backed park gets approval
Merlin Entertainment, the theme park operator acquired by The Blackstone Group for $2.5bn in 2005, is to develop a Legoland park in Florida.
- LACERA: Infrastructure is ‘riskier’ than private equity
The infrastructure market is too underdeveloped to be worth the risk, the $30.5bn pension said, deciding to hold off on committing to the asset class.
- Shanghai chips away at PE currency barrier
A pilot scheme would allow the conversion of up to 50% of an RMB fund from foreign currency, removing a huge hurdle facing foreign investors seeking access to China's private equity market.
- Blackstone, Capital International lead $600m pre-IPO investment
Blackstone and Capital International have reportedly acquired a 30% stake in Chinese agricultural company Dili ahead of its listing on the Hong Kong stock exchange.