- Reuters•1 hour ago
LONDON/FRANKFURT, Dec 9 (Reuters) - Buyout fund Blackstone is hiring banks to prepare for an initial public offering (IPO) of its warehouse firm Logicor, several people with knowledge of the situation said. Goldman Sachs and Eastdil Securities have already been chosen to help with the listing but the global coordinators have not yet been appointed, one of the sources involved in the process said. Logicor was founded by Blackstone's real estate division in 2012 to manage and operate its European logistics assets.
- Reuters•9 hours ago
Ping An Insurance Group Co of China Ltd , the country's second-largest insurer, has seen some of its outbound M&A deals impacted by Beijing's measures to stem capital outflows, its group chief financial officer (CFO) said on Friday. After facing difficulties converting yuan into foreign currencies and shifting capital offshore, Ping An is seeking to raise debt capital in overseas markets in a bid to overcome the funding issues, CFO Jason Yao said. "The Chinese government's move to tighten capital outflows has an impact on Ping An in the short-term," Yao said, as it has become more difficult to purchase foreign currency.
- American City Business Journals•yesterday
The IPO of Denver-based cybersecurity company Optiv Security Inc. has been canceled and it will stay privately held after private equity firm KKR became the majority owner of the business. Optiv and New York City-based KKR announced a definitive agreement for the purchase Tuesday morning. The purchase reverses Optiv’s plan to go public on the New York Stock Exchange in coming weeks.
BX : Summary for The Blackstone Group L.P. Commo - Yahoo Finance
The Blackstone Group L.P. (BX)
NYSE - NYSE Real Time Price. Currency in USD
Add to watchlist
|Bid||30.04 x 1200|
|Ask||30.05 x 600|
|Day's Range||29.67 - 30.25|
|52 Week Range||22.31 - 30.92|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||25.04|
|Dividend & Yield||1.64 (6.21%)|
|1y Target Est||N/A|