The Latest Breaking News from .Blackstone Inc.

With rising global deals, an expanding base of high-net-worth individuals, and enhanced volatility management, the outlook of the private equity industry radiates promise. Thus, investing in robust private equity stocks, IRSA Inversiones (IRS), and Saratoga Investment (SAR) seems wise. Conversely, Blackstone (BX) might be best avoided now due to its…

The Toronto Star reported recently that American real estate giant Blackstone Inc., with a global real estate portfolio worth about US$514 billion, plans to expand its Canadian operations, including via student housing.

Barclays PLC (NYSE:BCS) extends its reach in Britain's housing market with the acquisition of specialist lender Kensington Mortgage Company for 2.3 billion pounds ($2.8 billion), reported Reuters. Kensington is being sold by its private equity owners, Blackstone Inc (NYSE: BX) and Sixth Street. The deal would be funded from existing resources and reduce its core capital ratio…

Potential buyers for Japanese conglomerate Toshiba Corp (OTC:TOSYY) are mulling offering up to 7,000 yen ($51.41) per share, Reuters reported. The offer price, if realized, will value the company at about $22 billion, representing a 27% premium to Toshiba's share price of 5,501 yen as of Wednesday's close. Related: Toshiba Gets Privatization Proposals -…

Blackstone Inc (NYSE:BX), the investment management company, is likely to take the reigns of Australia’s Crown resorts after the country’s regulators approve the bid, Reuters reported. Crown resorts have been mired in allegations of money laundering, making its investors nervous and eager for an overhaul or ownership transition. The COVID-19 pandemic and…

Japanese multinational Toshiba Corp (OTC:TOSYY) has received eight proposals for privatization and two to form capital alliances that would make it remain listed. The company’s board of directors and a special committee have previously sought proposals for strategic alternatives after the shareholders voted against a proposed restructuring plan. The proposals received are not legally…

Blackstone Inc's (NYSE:BX) $6.3 billion buyout of Crown Resorts Ltd (OTC:CWLDY) got delayed pending regulatory approval despite positive shareholder approval, Reuters reports. Gambling regulators in New South Wales, Victoria, and Western Australia found the Crown unfit to hold gaming licenses at different times. Crown's license for the flagship A$2.2 billion casino skyscraper in Sydney…

Metropolis Healthcare Ltd diagnostics chain operating in India and Africa, is looking to raise over $300 million and grab a strategic partner by selling a minority stake, Bloomberg reports. Walmart Inc (NYSE:WMT)-owned retailer Flipkart and healthcare chain Apollo Hospitals Enterprise Ltd were among potential strategic investors of Metropolis Healthcare Ltd. Amazon.com Inc (NASDAQ:AMZN) has…

Toshiba Corp (OTC:TOSYY) bagged interest from 10 potential investors after canvassing buyout offers, Reuters reports. The deadline for submitting non-binding proposals is May 30. Also Read: Toshiba To Weigh Deals To Go Private Long under pressure from activist shareholders, the Japanese conglomerate also announced a special dividend worth $545 million for the second…