Blackstone related stories
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Bidding war looms for $45bn TXU dealThree of the world’s biggest buyout firms may ignore convention and submit a competing offer for TXU, a US utility that accepted a $45 billion offer from KKR and TPG last month.
- Blackstone, EQT and Rubenstein take top spots
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: top of the world
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 considers quick flip of Travelport
Blackstone may look to sell or float Travelport, a holiday company it bought for £2.3 billion just eight months ago.
- Blackstone leads chase for $10 billion Chrysler division
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.
- Chrysler would be hard to divide, says CEO
DaimlerChrysler chief Dieter Zetsche remarked Tuesday that the Chrysler Group’s integration makes its brands hard to break up, as Blackstone reportedly prepares a bid for the US auto maker.
- Private equity real estate funds raise $60bn in 2006
According to proprietary data from sister publication Private Equity Real Estate magazine, last year’s record fundraising looks set to continue in 2007.
- Blackstone eyes £1bn Jupiter deal
Jupiter Asset Management, the Commerzbank-owned fund manager that is currently mulling its strategic options, has become the latest buyout target of The Blackstone Group.
- Blackstone unveils new student housing venture
Beginning with a £95m investment in a London dormitory, the private equity real estate firm is set to expand its student accommodation brand across Europe.
- Blackstone enters Indian infrastructure
The private investment giant will team with Citigroup and India’s Infrastructure Development Finance Company to raise $5 billion for infrastructure investment in India.