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LONDON, UK – June 26, 2024 – Blackstone Real Estate (“Blackstone”) today announced that funds managed by Blackstone have completed the acquisition of Village Hotels, a hotel owner, operator and developer, from affiliates of KSL Capital Partners, a leading investor in travel and leisure businesses.
NEW YORK & MEXICO CITY — Blackstone Real Estate and MRP Group, a developer, owner and operator of real estate in Mexico, today announced that a Mexican trust formed by their affiliates has increased the price of its tender offer for up to 100% of the outstanding real estate trust certificates of Terrafina (BMV:TERRA 13) […]
Blackstone announced today that private equity funds and vehicles managed by Blackstone have announced its intention to make a tender offer for the common shares of Infocom, a leading provider of digital comics. This marks the largest private equity transaction announced or closed in Japan this year as well as Blackstone’s largest investment in the market to date from Private Equity and the team’s third investment announced in the past six months, representing significant commitment to the market.
Blackstone announced that private equity funds managed by Blackstone (“Blackstone”) have completed the acquisition of Tropical Smoothie Cafe, a leading franchisor of fast casual restaurants, from Levine Leichtman Capital Partners. This marks the first transaction in Blackstone’s most recent vintage of its flagship private equity vehicle.
Only announced all-cash offer to date, providing substantial, immediate and certain value to Terrafina shareholders New York & Mexico City, June 10, 2024 – Blackstone Real Estate and MRP Group, a developer, owner and operator of real estate in Mexico, today announced that a Mexican trust formed by their affiliates has commenced a tender offer for […]
Emerson announced that it has entered into a definitive agreement to sell its remaining interests in the Copeland joint venture (formerly Emerson Climate Technologies) for a transaction value of approximately $3.5 billion, with pre-tax cash proceeds of $3.4 billion, net of the release of $0.1 billion of future indemnity obligations. Private equity funds managed by Blackstone will purchase Emerson’s 40% common equity ownership in the joint venture, while Copeland will repurchase the seller’s note.
LONDON, UK and LUXEMBOURG, LUXEMBOURG – June 6, 2024 – Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have entered into a definitive agreement to acquire SEVES Group S.à r.l, the parent company of SEDIVER Group (“SEDIVER” or the “Company”), a provider of specialised electrical insulator solutions for the high-voltage transmission grid, from Triton Partners (“Triton”).
Blackstone announced that Stephen Schwarzman, Chairman, CEO and Co-Founder is scheduled to present at Morgan Stanley’s US Financials, Payments and CRE Conference on Tuesday, June 11, 2024 at 12pm ET.
Inclusive of recent land sale, sale proceeds total $768 million New York – Blackstone Real Estate today announced that it has reached an agreement to sell Turtle Bay Resort for $725 million. Blackstone purchased the hotel in 2018 for $332 million and subsequently invested significant capital in renovations. Rob Harper, Head of Blackstone Real Estate […]
