Blackstone

Blackstone Nears $6.3bn Crown Bid After Regulators’ Approval

Crown Resorts, 37% owned by billionaire James Packer, has been under pressure for years since inquiries found it enabled money…

2 years ago

Australia’s Crown Resorts Accepts $6.3bn Offer from Blackstone

Scandal-hit gambling company said it will recommend that shareholders accept Blackstone’s offer of A$13.10 per share, which it lobbed last…

2 years ago

Australia’s Crown Set to Back $6.5bn Blackstone Buyout Offer

Crown received a fourth non-binding offer of A$13.10 a share, having dismissed Blackstone's previous bid of A$12.50 as not 'compelling'

2 years ago

SOHO China Shares Crumble After Blackstone Walks Away From Buyout

Shares of the office developer saw their biggest daily fall since 2007 with speculation rife that the US equity firm…

3 years ago

US Equity Firm Blackstone Axes $3bn Soho China Takeover Plan

Blackstone's offer in June had valued the property group – which holds prime real estate in cities like Beijing –…

3 years ago

China’s property stocks plummet to 10-year low despite home sales frenzy

The government's move to reduce huge debt levels among real estate developers has hit their stock prices and is expected…

3 years ago

SOHO China soars 21% after Blackstone’s $3bn purchase offer

Once the darlings of the new generation of Chinese entrepreneurs, husband and wife founders Pan Shiyi and Zhang Xin are…

3 years ago

From Tinder to Chopra, young dating queen causes Wall Street buzz

<div class="rich-text"> <h3><span style="font-family: Rubik">(ATF) Fronted in Asia by Indian film star Priyanka Chopra, the latest dating app to set…

3 years ago

Directors Quit Aussie Casino Group After Damning Inquiry Report

Two directors of Crown Resorts resigned and owner James Packer's private company cut ties with the board after damaging findings…

3 years ago

Blackstone in talks to merge Alight withFoley SPAC, sources say

<div class="rich-text"> <h3>Private equity firm Blackstone Group is in talks to merge US benefits services provider Alight Solutions with a blank-check acquisition…

3 years ago