Page 2 - Blackstone

Edtech company Byju's pushes back payments for $1 billion acquisition

Blackstone, which owned 38 per cent of Aakash, opted to defer payments due until this year, one of the people said

Toshiba stock surges 6.5% on report of bids at $22-billion valuation

Toshiba has been soliciting acquisition offers - and other restructuring proposals - as it seeks to end years of mismanagement and mollify activist investors

Blackstone pips Saudi's PIF to top slot in PE investments in India in 2021

Blackstone invested $4.9 billion in India in 2021

Mphasis sets up delivery centre in Alberta, Canada; to hire 1,000 people

The Blackstone-backed IT services major Mphasis will offer its next-generation digital technology services to both existing and new Fortune 500 clients through this centre

Blackstone adds to bet on US student housing with $13-bn deal

The all-cash transaction is the largest student-housing deal by the Blackstone Real Estate Income Trust.

GreenBase Industrial inks 200,000 sq feet industrial deal at Oragadam

The existing land bank of close to 500 acres spread across four locations is dedicated for 15 mn sq. ft of industrial and logistics parks development

Benettons, Blackstone buyout proposal values Atlantia at $63 bn

Highlighting the appeal of the infrastructure sector, the deal would be this year's second-biggest M&A transaction globally after Microsoft's $69-bn acquisition of Activision Blizzard

Private equity-backed warehousing companies on a leasing spree

India saw leasing transactions to the tune of 35 million sqft in FY22

CCI clears Blackstone, TPG buying stakes in Busybees Logistics

Competition Commission of India (CCI) has approved the proposed stake acquisitions by Blackstone and TPG in Busybees Logistics Pvt Ltd.

Blackstone to buy Preferred Apartment Communities in $5.8 billion deal

The world's biggest alternate asset manager will pay $25 per share for the rental apartment owner, the report said.

Blackstone bets on hunger for urgent delivery in Europe in $24-bn deal

Rather than list or seek a private sale, the US investor is opting to recapitalise Mileway, Europe's largest owner of last-mile logistics

Crown Resorts backs $6.3 billion buyout from Blackstone Inc

Crown Resorts backed a $6.3 billion buyout from private equity giant Blackstone Inc, giving billionaire James Packer an exit route from the Australian casino firm

Blackstone buys majority stake in wealth management firm ASK from Advent

Global private equity major Blackstone on Monday announced that it has acquired a majority stake in ASK Investment Managers, a nearly three-decade old asset and wealth management company managing over USD 10.6 billion in assets. The US-based private equity fund has acquired the majority stake from its peer Advent International and other sellers, as per an official statement, which added that the company will expand presence domestically and also overseas after the deal. However, the financial details of the deal were not disclosed. ASK is among the first portfolio managers in the country and has operations in other pockets of Asia, Middle East, Africa and Europe, it said, adding that the clientele includes India's high-net-worth individuals, family offices and institutions. Blackstone has diversified investments in India pegged at over USD 60 billion, and is among the biggest investors in the commercial real estate space in the country. As per an August 2021 media report, Blacksto

Investment firm Blackstone India consolidates assets worth $900 million

Blackstone said it has a robust track record of building high-quality logistics real estate platforms around the world

Blackstone invests over Rs 50 cr to redevelop a mile road stretch in Mumbai

The one mile area has safer pedestrian pathways and community spaces for residents, said the PE major that owns and manages assets worth over USF 60 billion in India

Blackstone exits Mindspace Business Parks REIT; sells stake for Rs 1,740 cr

The REIT owns quality office portfolios located in four key office markets of India, namely Mumbai Region, Pune, Hyderabad, and Chennai

CCI approves Blackstone Group entity's 71.25% stake buy in ASK Investment

The Competition Commission of India on Monday approved the acquisition

Swiss firm Firmenich buys Blackstone's 10% stake in SH Kelkar for Rs 242 cr

Stake was sold at Rs 173 a share; SH Kelkar stock last closed at Rs 183.5, up 20%

Blackstone's Amit Jain jumps ship to rival Carlyle as India co-head of PE

At Blackstone, Jain sat on the boards of Essel Propack, Aakash Educational Services, Sona Comstar, Fino Payments Bank

Blackstone eyes as much as $10 billion for next big growth fund

In 2020, the value of growth equity deals hit a record $62.5 billion, according to data from PitchBook