Page 5 - Blackstone

Top headlines: DFI likely to be setup; corporate air travel takes wing

From DFI likely to be set up with IIFCL's paid-up capital of Rs 10,000 crore to 4 hydropower units facing damage, other dams on alert in Uttarakhand, here are the top headlines this morning

Blackstone-backed Aadhar Housing Finance files papers for $1 billion IPO

Aadhar Housing Finance will use proceeds from the fresh issue to boost its capital base.

Talks with Byju's on, but could take several weeks: Aakash Educational MD

Talks for a partnership with Indian unicorn Byju's reflect several prescient moves by this second-generation promoter

Blackstone's Aadhar Housing Finance plans $1 billion IPO filing soon

Founded in 2010, Aadhar has more than 294 branches across the South Asian country, providing financing solutions to customers whose monthly income ranges between $76 to $765

Blackstone's Aadhar Housing may file $1bn IPO prospectus in India soon

Founded in 2010, Aadhar has more than 294 branches across the South Asian country, providing financing solutions to customers whose monthly income ranges between $76 to $765

Blackstone's Asia Tactical Opportunities head Moorjani resigns after 9 yrs

He will be succeeded by Menes Chee, a senior partner who will relocate from the firm's New York headquarters to Hong Kong in February, Blackstone said.

Blackstone-backed IBS expects faster biz growth on rising digitalisation

The clients include Emirates, Etihad Airways, Qatar Airways, Korean Air and British Airways

Blackstone in talks to merge Alight with blank-check acquisition firm

The merger with Foley Trasimene Acquisition Corp would result in Alight becoming a publicly-listed company at a valuation of more than $8 billion, including debt

Embassy Office Parks REIT to float QIP, may raise up to $600 million

Floor price of Rs 348.38 per unit approved

Embassy REIT gets unitholders' approval to raise up to Rs 8,000 crore

In a regulatory filing, Embassy REIT said its unitholders have approved all the four resolutions with the requisite majority

Top Headlines: Factory output rises 3.6%, Blackstone to buy Piramal Glass

IPL boosts Hotstar's subscriber base, Standard and Poor's downgrades Sri Lanka's sovereign credit rating and more top headlines of the day

Blackstone poised to buy Piramal Glass for $1 billion: Report

The transaction could be announced as soon as in the next few weeks, the report said

Tough task ahead for Malavika Hegde, the new CEO of Coffee Day Enterprises

While her appointment came as no surprise, she will have to rebuild a struggling enterprise that has been selling its non-core assets to prune its debts

Blackstone, Brookfield bet on Indian office REITs for attractive yield

Brookfield Asset Managem­ent in October agreed to pay $2 billion for 12.5 million square feet of rent-yielding offices and co-working spaces in Asia's No 3 economy

Will exercise first refusal on Hines stake in Gurugram property: DLF

Blackstone, Brookfield, Allianz make ₹2,000-crore bid for the property

Prestige Estates Projects looks to offload residual stake in malls

Prestige will sell 85-87 per cent in its nine operational malls to Blackstone in places such as Bengaluru, Mysuru, Mangaluru, and Hyderabad

Blackstone seeks $5 billion for second Asia buyout fund, says report

The company closed its first Asian private equity fund at about $2.3 billion in 2018

Will retire Rs 6,000-crore debt after Blackstone deal: Prestige Estates CMD

The total portfolio is expected to be around 21 million square feet (mn sq ft) of completed and under construction projects, said CMD Razack

Prestige Estates to sell assets worth Rs 11,000 cr to Blackstone, cut debt

Indian company plans to build twice the amount of commercial property space it is selling to the global fund manager.

Blackstone-backed Embassy Reit eyes large office parks for acquisition

The Blackstone-backed Reit is looking at an asset size of anywhere between 2 million square feet to 10 million square feet for acquisitions