32.05 0.00 (0.00%)
After hours: 5:53PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||31.98 - 32.26|
|52 Week Range||26.65 - 35.09|
|PE Ratio (TTM)||13.83|
|Forward Dividend & Yield||1.76 (5.47%)|
|1y Target Est||N/A|
Both Blackstone Group (BX) and Apollo Global Management (APO) reported strong results for 3Q17 in terms of both EPS (earnings per share) and revenues.
Blackstone Group LP sold Logicor to China Investment Corp in June for 12.25 billion euros (£10.8 billion). China Investment Corp has also hired the U.S. private equity firm to manage Logicor's warehouses and logistic properties portfolio, the Financial Times reported, citing people briefed on the matter. Blackstone's recently raised $2 billion European fund is one of several investors that the Chinese fund has invited to buy stakes in Logicor, with several insurers also looking at the company, the Financial Times said.
A Blackstone real estate fund is buying a 10 percent stake in Logicor Ltd (IPO-LOG.L) just months after selling the European warehouse firm to a Chinese sovereign wealth fund, a source familiar with the matter said on Tuesday. Blackstone Group LP sold Logicor to China Investment Corp in June for 12.25 billion euros ($14.4 billion). China Investment Corp has also hired the U.S. private equity firm to manage Logicor's warehouses and logistic properties portfolio, the Financial Times reported, citing people briefed on the matter.
Debt investment company FS Investment Corp and buyout firm KKR are pooling together more than $18 billion in private capital to invest in mid-sized businesses, in a push to do bigger deals which are out of reach for other alternative lenders. As a result, FS, which invests in the debt of private middle market U.S. companies, dropped a partnership with Blackstone Group LP. The KKR deal will create the world's largest business development company (BDC) platform, the companies said on Monday.
KKR & Co. LP is replacing Blackstone Group LP as the manager of FS Investment Corp., a business development corporation.
Rating Action: Moody's affirms Trademen's B2 CFR, B1 1st lien and Caa1 2nd lien; outlook stable. Global Credit Research- 08 Dec 2017. About $440 million of rated debt.
BRUSSELS, Dec 6 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- China's COSCO Shipping to acquire ...
Baupost and GSO Capital Partners LP, the credit arm of private equity firm Blackstone Group LP, in September bought at a discount claims South Carolina utilities had against Toshiba stemming from nuclear projects Westinghouse failed to finish. The funds expected to be repaid over five years.
Blackstone Group LP didn’t want to keep Steve Schwarzman’s advice to its newly hired analysts secret -- so it put the annual ritual on YouTube.
Rating Action: Moody's changes RGIS' ratings outlook to negative; affirms all ratings. Global Credit Research- 04 Dec 2017. New York, December 04, 2017-- Moody's Investors Service changed the outlook for ...
(Adds Morgan Stanley, bank comments, financials) By Dasha Afanasieva LONDON, Dec 4 (Reuters) - GEMS Education's owners have chosen JP Morgan, Credit Suisse, Bank of America Merrill Lynch and Morgan Stanley ...
Blackstone Group has teamed up with its Brazilian partner to compete for Petroleo Brasileiro SA’s natural gas pipeline network in the country’s northeast, said people with knowledge of the matter.
Spain's BBVA said on Wednesday it had agreed to sell 80 percent of its real estate business to U.S. fund Cerberus for 4 billion euros (£3.53 billion), showing how investor enthusiasm for Spanish property is reviving. A burst property bubble in 2008 sent Spain into a downturn that lasted nearly five years, causing mass unemployment and prompting a more-than 40-billion-euro bailout for the country's banks. The BBVA real estate assets included in the deal have a gross book value of some 13 billion euros, Spain's second largest bank said in a statement.
Hong Kong's Link Real Estate Investment Trust, one of Asia's largest REIT by market capitalisation, has agreed to sell its properties valued at HK$23 billion ($2.95 billion), it said on Tuesday. Link REIT, which owns assets in Hong Kong, Beijing, Shanghai and Guangzhou as of end-March, is expected to take in net gains of about HK$7.39 billion from the disposals, it said in a filing to the Hong Kong stock exchange. In October, sources told Reuters that Blackstone, KKR , Hong Kong-based Gaw Capital Partners and some Chinese investors were among potential bidders for Link REIT's retail assets.
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BRUSSELS, Nov 23 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Apollo Capital Management to acquire ...
Categories: Yahoo FinanceGet free summary analysis The Blackstone Group LP reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of The Blackstone Group LP – KKR & Co. L.P., Lazard Ltd Class A, Och-Ziff Capital Management Group LLC Class A, Fortress Investment Group LLC Class A, Evercore ... Read more (Read more...)
Dec.07 -- Bloomberg's Jason Kelly examines the performance of Goldman Sachs, Blackstone, and BlackRock and looks at how the firms are poised to handle the challenges that lie ahead on Wall Street. He speaks on "Bloomberg Daybreak: Americas."
Nov.28 -- John Studzinski, vice-chairman at The Blackstone Group, discusses U.S. tax reform and the Trump administration. He speaks with Francine Lacqua on "Bloomberg Surveillance."