Blackstone Group

Blackstone Adds Takeda Unit to Health Roster
M&A

Blackstone Adds Takeda Unit to Health Roster

Takeda's over-the-counter business is "well-positioned to grow its established brands in Japan and launch new and expanded product offerings."
By Matthew Heller | August 24, 2020
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Mandalay Bay, MGM Grand Sold to Joint Venture in $4.6B Deal
M&A

Mandalay Bay, MGM Grand Sold to Joint Venture in $4.6B Deal

MGM Resorts will lease both properties for an initial rent of $292 million.
By Lauren Muskett | January 15, 2020
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Blackstone to Buy Colony Warehouses for $5.9B
M&A

Blackstone to Buy Colony Warehouses for $5.9B

The private-equity giant has been building its "last-mile" logistics business amid a surge in e-commerce demand.
By Matthew Heller | September 30, 2019
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Blackstone Buys GLP Warehouse Properties
M&A

Blackstone Buys GLP Warehouse Properties

The $18.7 billion deal is a bet on the future of e-commerce and logistics growth.
By Lauren Muskett | June 3, 2019
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Ultimate Software to Be Taken Private for $11B
Technology

Ultimate Software to Be Taken Private for $11B

The pioneer of cloud-based HR solutions is being sold to an investor group that sees it as "an exceptional company with a strong culture."
By Matthew Heller | February 4, 2019
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Industrial Firm Colfax Deals Its Way Into Medical Devices
Risk

Industrial Firm Colfax Deals Its Way Into Medical Devices

Colfax has agreed to buy orthopedic device maker DJO Global from private equity funds managed by the Blackstone Group.
By William Sprouse | November 19, 2018
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Blackstone Invests in Outsourcing Startup TaskUs
Technology

Blackstone Invests in Outsourcing Startup TaskUs

The $250 million investment comes amid "massive consolidation" in the business process outsourcing industry.
By Matthew Heller | August 10, 2018
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Blackstone Adds Gramercy to Property Empire
Strategy

Blackstone Adds Gramercy to Property Empire

The $7.6 billion acquisition of the commercial property asset manager fits Blackstone's strategy of targeting distribution centers.
By Matthew Heller | May 7, 2018
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Blackstone Misses Estimates, AUM Hits Record
Investment Banking

Blackstone Misses Estimates, AUM Hits Record

The buyout firm's economic net income rose 36% in Q2 but gains from real estate were offset by a 51% drop in credit investment earnings.
By Matthew Heller | July 21, 2017
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Invitation Homes Raises $1.54 Billion in IPO
Strategy

Invitation Homes Raises $1.54 Billion in IPO

The offering of the home-rental company controlled by Blackstone Group continues the IPO market's strong start to 2017.
By Matthew Heller | February 1, 2017
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China’s HNA Group Buys 25% of Hilton for $6.5B
Strategy

China’s HNA Group Buys 25% of Hilton for $6.5B

The Chinese conglomerate makes its second foray into the U.S. hotel industry in six months, paying a premium of 14.6% for Blackstone's stake in Hilton.
By Matthew Heller | October 26, 2016
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Oil Price Slump Creating Opportunities
Risk

Oil Price Slump Creating Opportunities

Private investors like Blackstone see value in the high-yield bonds of energy firms and in distressed companies hit by the steep drop in oil prices.
By Matthew Heller | February 20, 2015
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SEC Official Sees ‘Positive Change’ in Private Equity Firms
Risk & Compliance

SEC Official Sees ‘Positive Change’ in Private Equity Firms

"Transparency has improved markedly" at private equity firms, says the commission's head of private funds compliance inspections.
By Matthew Heller | January 23, 2015
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