Blackstone related stories
All articles and analysis
Blackstone looks to listingThe Blackstone Group is reportedly close to filing for an initial public offering of the firm just weeks after Steven Schwarzman dismissed the public markets as a source of capital for buyout fundraising.
- GE Capital, Blackstone in $1.8bn deal
GE Capital plans to buy financial services company PHH Corporation for $1.8bn and sell one division to Blackstone.
- Heartland founder and affiliates indicted
Criminal and civil charges have been brought against former Reagan White House budget director David Stockman – who founded Heartland Industrial Partners following a stint at Blackstone – as well as against several executives affiliated with Heartland.
- Cadbury split fuels rumours of buyout interest
Cadbury Schweppes has announced plans to split its beverage and confectionery units into two separate businesses, amid speculation that private equity firms are planning bids for at least one of the divisions.
- Debut Centerbridge deal grows by $500m
An investor group including the Blackstone and Angelo Gordon spin-out Centerbridge has agreed to pay EGL shareholders an additional $2 per share than originally offered for the transportation company.
- Apollo cries foul over Centerbridge-backed bid for EGL
The board of transportation and logistics firm EGL said Monday it had approved a leveraged buyout offer from EGL’s CEO and two investment firms including Centerbridge; Apollo says it trumped their offer yet still was effectively shut out of the bidding process.
- Tchenguiz takes on Blackstone for La Tasca
Property tycoon Robert Tchenguiz is trying to derail The Blackstone Group’s agreed £96 million bid for La Tasca, a UK tapas chain.
- Blackstone completes Southern Cross exit
Blackstone has sold its remaining shares in the care home operator for £169 million.
- Treasury sets terms of its own probe
The UK Treasury Select Committee has outlined the terms of its own enquiry into the private equity industry, following a similar move by Sir David Walker’s working party.
- Real estate powers Blackstone
Blackstone’s IPO filing reveals that its real estate investment arm is actually outperforming its core private equity business.