- Bloomberg•14 hours ago
Chief executive officers of public companies are increasingly considering deals with private equity firms because of the threat of activist shareholders, Blackstone Group LP’s Joe Baratta said.
- Reuters•18 hours ago
At least four private equity funds including BC Partners are in talks to buy a majority stake in Italy's fourth-biggest supermarket chain Esselunga in a deal worth up to 6 billion euros ($6.7 billion), sources familiar with the matter told Reuters. The talks, led by Citi, started earlier this year amid efforts to find a succession plan for the business, which runs more than 150 stores across Italy and is held by Bernardo Caprotti, who will turn 91 on Oct. 7. London-based BC Partners is one of two private equity houses which recently joined the race to submit offers and outbid previous expressions of interest from two other heavyweight funds, Blackstone and CVC Capital Partners, the sources said.
The Blackstone Group L.P. (BX)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||24.94 x 300|
|Ask||25.33 x 100|
|Day's Range||24.86 - 25.18|
|52wk Range||22.31 - 35.24|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||53.00|
|Avg Vol (3m)||3,852,532|
|Dividend & Yield||1.44 (5.76%)|