Blackstone related stories
All articles and analysis
Carlyle sells stake to Abu Dhabi government fundThe US alternative assets group has sold a further 7.5 percent stake in itself to a strategic investor, valuing David Rubenstein's firm at $20 billion. It sold 5.5 percent to CalPERS in 2000.
- Blackstone hires Deutsche Bank financing pro
The Blackstone Group has hired leveraged finance pro Vikrant Sawhney from Deutsche Bank.
- Turbulent IPO, trading debut for Blackstone-backed Orbitz
The IPO for travel website Orbitz priced lower than the expected range, and its NYSE debut mirrored the falling stock of its backer, Blackstone.
- Qatari firm makes £12bn Sainsbury’s approach(2)
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.
- Blackstone hires former McKinsey partner
The Blackstone Group today announced that former McKinsey partner David McVeigh has become executive director within the private equity portfolio management group.
- More private equity firms mull Capio bids
Blackstone, Cinven and CVC are reportedly looking at Swedish healthcare business Capio, despite Apax Partners and Nordic Capital having a €1.67bn unsolicited bid rejected earlier this month.
- Blackstone to acquire medical supplier for $1.6bn(3)
The Blackstone Group plans to acquire DJP, a supplier of musculoskeletal and vascular health services and supplies, as an add on for its portfolio company ReAble Therapeutics.
- PE groups stalk Telecom Italia mobile arm
Buyout firms Permira, The Carlyle Group and Apax Partners are reportedly mulling separate bids for TIM, the mobile unit of Telecom Italia, in what would be Europe’s biggest ever buyout.
- Qatari firm makes £12bn Sainsbury’s approach
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.
- Blackstone eyes Brazil with Patria link(2)
The Brazilian bank is raising a new private equity fund that can tap Blackstone as a co-investor on large deals.