Blacksone to buy Strategic Hotels in deal valued at $3.93 bn

Last Updated: Tuesday, September 8, 2015, 23:28

The private equity firm Blackstone will buy real estate investment trust Strategic Hotels & Resorts Inc in a cash deal valued at USD 3.93 billion.

Blackstone sells stake in Agile to 4 firms including Tata unit

Last Updated: Thursday, July 30, 2015, 17:12

Blackstone Group on Thursday said it has sold its 97.9 per cent stake in Agile Electric Sub Assembly Pvt Ltd (Agile) to four different entities including Tata Capital Growth Fund.

Fairfax's Watsa to buy Indian logistics firm NCMSL

Last Updated: Friday, June 26, 2015, 09:56

One of the sources said the deal, for a 70 to 75 percent stake in the commodities storage and services firm, could be worth $120 million to $150 million.

GE to sell bulk of finance unit, return up to $90 billion to investors

Last Updated: Friday, April 10, 2015, 23:32

Blackstone Group LP and Wells Fargo & Co confirmed that they were buying most of the assets of GE Capital Real Estate for about $23 billion.

Blackstone to buy Excel Trust for about $2 billion

Last Updated: Friday, April 10, 2015, 22:49

Real estate investment trust Excel Trust Inc said it would be bought by Blackstone Property Partners LP, part of Blackstone Group LP, for about $2 billion in cash.

GE to sell real estate holdings, sets $50 billion share buyback

Last Updated: Friday, April 10, 2015, 17:38

General Electric Co said it would sell the bulk of its real estate portfolio to investors including Blackstone Group and Wells Fargo & Co for $26.5 billion, in the biggest commercial real estate deal since 2007.

Warburg Pincus seeks $12 billion private equity fund

Last Updated: Monday, March 30, 2015, 11:04

Private equity firm Warburg Pincus LLC has told investors it will seek to raise a new $12 billion global fund, just two years after amassing a $11.2 billion fund, according to people familiar with the matter.

Blackstone buys Chicago`s Willis Tower

Last Updated: Monday, March 16, 2015, 20:28

US real estate investor Blackstone Group said Monday it is buying the iconic 110-story Willis Tower in Chicago, the second-tallest building in the United States.

Baring to buy Blackstone's stake in CMS for $250 mln - sources

Last Updated: Monday, March 9, 2015, 17:48

Blackstone Group LP has agreed to sell its 57 percent stake in CMS Info Systems Ltd to Baring Private Equity (Asia) for USD 250 million, two sources with direct knowledge of the matter told Reuters.

Blackstone sets up new credit fund to seek undervalued oil and gas assets

Last Updated: Tuesday, January 27, 2015, 15:22

Blackstone Group LP, the world`s largest alternative asset manager, is raising its first energy-focused credit fund, according to people familiar with the matter, the latest sign that private equity firms are seeing investment opportunities among distressed energy assets.

NYSE Euronext sells 5.65 lakh MCX shares

Last Updated: Thursday, December 19, 2013, 20:17

Global exchange giant NYSE Euronext on Thursday offloaded 5.65 lakh shares of India's premier commodity bourse MCX for an estimated Rs 24 crore.

Zhang keen to taste victory at Ballantine`s Championship

Last Updated: Tuesday, April 23, 2013, 16:35

China`s Zhang Lian-wei is hoping to taste success again when he makes his debut at the 2,205,000 euro (about USD 2.8 million) Ballantine`s Championship which begins at the Blackstone Golf Club here on Thursday.