Latest World News. Find every day short and brief information composed of titles and subtitles and continue reading if interested.
THE financial crisis a decade ago brought the glory days of private equity to a screeching halt. The debt-fuelled megadeals on which the industry had built its fame (or notoriety) seemed over. But on January 30th a group of investors led by Blackstone, the world’s largest private-equity firm, announced a $ 17bn deal to carve […]
Thomson Reuters Blackstone Group is reportedly in talks to buy around a 55% stake in the Financial and Risk business of Thomson Reuters for more than $ 17 billion. If the deal is approved, it would represent the biggest shake-up of Thomson Reuters since it was formed a decade ago. Sources cautioned that a deal […]
Two of the country’s largest rental-home owners, Blackstone’s Invitation Homes and Starwood Waypoint Homes have agreed to merge in a deal that would create a giant landlord with roughly 82,000 homes in 17 metro areas. WSJ.com: What’s News US
Reuters/Brendan McDermid (Reuters) – Buyout firm Blackstone Group LP reported slightly lower-than-expected quarterly earnings on Thursday, after strong gains in real estate holdings were offset by a pullback in credit investment performance. Blackstone said it earned an economic net income (ENI), a key metric for U.S. private equity that accounts for unrealized investment gains or […]
Thomson Reuters NEW YORK (Reuters) – Twenty-First Century Fox Inc is in talks with Blackstone Group LP about submitting an offer to buy Tribune Media Co, one of the largest U.S. television station operators, sources familiar with the matter said on Sunday. Blackstone, the largest manager of private equity and real estate assets, would provide […]
