Blackstone related stories
All articles and analysis
Blackstone to make $500m pharma investmentSet to bolster its pharmaceuticals portfolio, Blackstone has agreed to make a $500 million minority investment in Florida-based Stiefel Laboratories.
- Turbulent IPO, trading debut for Blackstone-backed Orbitz(3)
The IPO for travel website Orbitz priced lower than the expected range, and its NYSE debut mirrored the falling stock of its backer, Blackstone.
- Blackstone bolsters fundraising team
Private equity firm The Blackstone Group has appointed real estate veteran Michael Casey to its fundraising and LP relations team.
- Qatari firm makes £12bn Sainsbury’s approach(3)
Qatar-based investment vehicle Three Delta has confirmed its preliminary bid approach to Sainsbury’s, the UK supermarket chain that rejected a £10 billion offer from a private equity consortium in April. The company’s share price soared this morning.
- Carried interest consumes US Capitol
The Senate Finance Committee held its third hearing on carried interest today, while the House Ways and Means Committee simultaneously held an all-day tax hearing that touched on the subject.
- Union attacks KKR, Och-Ziff IPOs
The US’ largest federation of unions has appealed to the SEC to require KKR and Och-Ziff to register as investment companies ahead of the two firms’ planned initial public offerings.
- Blackstone partners to pay $900m in IPO tax(3)
In an unprecedented step Blackstone has revealed its partners’ tax liability in a rebuttal of a US newspaper report.
- Turbulent IPO, trading debut for Blackstone-backed Orbitz(2)
The IPO for travel website Orbitz priced lower than the expected range, and its NYSE debut mirrored the falling stock of its backer, Blackstone.
- Blackstone eyes Brazil with Patria link(3)
The Brazilian bank is raising a new private equity fund that can tap Blackstone as a co-investor on large deals.
- Apollo to list on Goldman exchange(3)
Apollo will reportedly become the second major alternative asset manager to list a portion of its management company on Goldman’s private exchange. The private float is expected to follow sales of minority stakes to Abu Dhabi and possibly CalPERS.