Blackstone related stories
All articles and analysis
Sainsbury’s shares slide as consortium disintegrates(2)Shares in Sainsbury’s, a UK retail chain at the centre of a controversial £10 billion private equity bid, slid this morning as two more of the buyout firms involved reportedly pulled out of the deal. The news followed continuing opposition from pension fund trustees and minority shareholders.
- Blackstone cedes La Tasca to Tchenguiz(2)
The Blackstone Group has admitted defeat in its attempt to buy La Tasca, a UK tapas chain, after property investor Robert Tchenguiz bought up a blocking stake and trumped its bid for a second time.
- Tchenguiz trumps Blackstone again(2)
Robert Tchenguiz has raised the stakes again in his increasingly fierce battle with Blackstone for tapas chain La Tasca, upping his original bid and buying a 20 percent stake in the business.
- Rival consortium challenges KKR for Coles(2)
A consortium that includes Pacific Equity Partners, Permira and Wesfarmers, a Sydney-listed conglomerate, has bid A$19.7 billion for Coles Group, Australia’s second-biggest retailer – although KKR could yet return with another bid.
- Buyout boom drives $1.2 trillion quarter(2)
Private equity deal volumes hit nearly $200 billion in the first three months of the year, according to new research.
- Blackstone, EQT and Rubenstein take top spots(2)
The Blackstone Group has won the Editors’ Award for best large buyout firm of the year in Private Equity International’s Global Private Equity Awards. David Rubenstein, The Carlyle Group’s co-founder picked up the Editors’ Award for personality of the year, while EQT, the Nordic champion, won best mid-market firm.
- Blackstone considers quick flip of Travelport(2)
Blackstone may look to sell or float Travelport, a holiday company it bought for £2.3 billion just eight months ago.
- Centerbridge unveils first deal(2)
In its first ever deal, the Blackstone and Angelo Gordon spin-out has agreed to take part in a $1.2bn buyout from which General Atlantic recently withdrew.
- Blackstone: top of the world(2)
The Blackstone Group was the only real candidate for the inaugural Editors’ Awards in Private Equity International’s annual poll, despite fierce competition in the large buyout firm of the year category.
- Blackstone leads chase for $10 billion Chrysler division(2)
The Blackstone Group is leading the €10 billion chase for the Chrysler car-making division of German automotive group DaimlerChrysler, although it may face competition from Cerberus and General Motors.