Blackstone related stories
All articles and analysis
Blackstone to bid in £1.7bn United Biscuits auctionThe US private equity firm is reported to be lining up a bid for United Biscuits, the maker of McVities Biscuits and Jaffa Cakes in the UK. The move will pit the firm against Premier Foods, a UK food group.
- Evercore IPO raises $83m
The merger advisory firm and private equity investment manager raised $83m in its initial public offering, as nearly four million shares sold at $21 per share.
- Blackstone to become sock magnate
Blackstone, in a deal reportedly worth $400 million, will acquire major sock manufacturer Gold Toe and merge the company with Gap sockmaker Moretz.
- Blackstone, Cerberus invest in shipping venture
The two firms have invested $430 million in a $500 million joint venture with US Shipping Partners.
- Schwarzman: “We were stunned at the reception”
An exclusive interview with Stephen Schwarzman earlier this week: Schwarzman was in France on vacation, but set aside time for PEO. After commenting on the disappointment around him related to France’s loss in the World Cup, he moved on to the topic of Blackstone’s most recent victory – the raising of its $15.6 billion Fund V.
- Blackstone closes first deal in India
The Blackstone Group is investing $50m in Emcure, an Indian pharmaceutical company, a year after setting up in Mumbai.
- BC buys Brenntag from Bain
Bain Capital will sell Brenntag, a German chemical distribution company, to UK private equity firm BC Partners for around €3 billion.
- 3i makes foray into real estate
Europe’s biggest listed private equity firm has gone to India to commit $40m to a real estate fund.
- New $1.67bn loan facility for VNU
VNU, owned by a private equity consortium including KKR, Blackstone and Carlyle, plans to raise $1.67 billion of new debt to finance the acquisition.
- Blackstone to buy Center Parcs Europe real estate
The Blackstone Group, US manager of the world’s largest buyout fund, is in talks to acquire seven Center Parcs Europe properties.