Blackstone related stories
All articles and analysis
Tchenguiz trumps Blackstone againRobert 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
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.
- Hellman & Friedman buys $1.8bn Kronos
US and UK buyout firm Hellman & Friedman has bought Kronos, a provider of human capital management solutions, in a deal valued at about $1.8 billion.
- Buyout boom drives $1.2 trillion quarter
Private equity deal volumes hit nearly $200 billion in the first three months of the year, according to new research.
- Blackstone IPO faces tax danger
The Blackstone Group’s forthcoming public offering might be the first casualty of US legislation aimed at tightening the tax treatment of private equity, according to reports.
- Blankfein: Goldman to seek $20bn
The global investment bank’s chief executive has confirmed the firm’s private equity arm will target a $20 billion fundraising.
- Blackstone files for $4bn IPO
The Blackstone Group is set to raise $4 billion through an initial public offering on the New York Stock Exchange, confirming earlier reports that it would follow in the footsteps of Fortress Investment Group.
- Sainsbury’s shares slide as consortium disintegrates
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.
- Braveheart to list on AIM
Amid the recent private equity interest in public offerings, Scottish venture firm Braveheart is to follow in the footsteps of US buyout giant Blackstone - albeit on a slightly smaller scale.
- Stockman to face criminal charges
US prosecutors and the SEC are reportedly readying charges against the former Reagan White House budget director David Stockman, who later founded Heartland Industrial Partners following a stint at Blackstone.