Blackstone related stories
All articles and analysis
Report: Blackstone to invest more than €1bn in North Sea wind farmsThe project, one of Blackstone’s first investments in renewables, would construct roughly 80 wind farms off the German island of Helgoland.
- Report: Huawei shortlists five potential buyers
Five US private equity firms reportedly remain in the running to acquire a stake in the mobile business unit of China’s Huawei Technologies
- Blackstone, Bain and NBC pick up Weather Channel
The consortium will contribute roughly equal portions of equity for the Atlanta-based cable network, valued at roughly $3.5 billion. NBC will try to integrate the network's television and online properties into its own media platforms.
- Blackstone, GSO lead $500m investment in energy infrastructure platform
Kayne Anderson Energy Funds is also part of the consortium that has made an all-equity purchase of oil pipeline specialist Crestwood Midstream Partners.
- Hicks SPAC leads $3.2bn reverse IPO
Graham Packaging, owned by private equity firms Blackstone and Graham Group, has been selected as a takeover target after the Tom Hicks-run SPAC reviewed more than 100 potential deals and tapped into its founder’s relationships with buyout firms.
- JPMorgan pro to launch GSO Capital's Asian operations
Tim Donahue, former head of JPMorgan's Asia Pacific leveraged finance group, will start Blackstone-owned GSO's Asian credit business.
- CVC to pay €2.4bn for German chemicals
The European buyout firm is set to take a 25% stake in Evonik, a German state-backed conglomerate that also reportedly interested US mega-firms KKR, Bain and Blackstone.
- Blackstone taps Merrill Lynch exec as CFO
The listed mega-buyout firm has hired Merrill chief operating officer Laurence Tosi to replace long-time partner Michael Puglisi, who will stay on as a senior managing director.
- Monarch launches first private equity-style fund
The hedge fund manager has launched a distressed debt fund ‘with private equity features’, targeting up to $600m; Blackstone has reportedly launched its own debt vehicle seeking $1.5 billion.
- Blackstone to buy home healthcare provider for $1.6bn
Apria Healthcare Group has also secured a $280m credit facility in conjunction with the take-private, a positive sign for the leveraged buyout world as healthcare continues to be a favored target.