Blackstone

Silicon Valley Bank fallout

Blackstone's Schwarzman says US banking crisis is 'solvable'

"The banking system is not in any type of conventional crisis"

Company in the news

Blackstone, Thomson Reuters sell US$2.4 bil of LSEG Shares

Singaporean sovereign wealth fund GIC, a member of the Blackstone consortium, also sold its stake.
Straits Trading's fifth act  - THE EDGE SINGAPORE

Company in the news

Straits Trading's fifth act

The 135-year-old conglomerate is ramping up its hospitality and real estate investments in its quest to be the next Blackstone.

M&A

Blackstone acquires GIC's $2.05 bil stake in Australian logistics trust

The deal adds to the private equity firm’s bets on warehousing globally.
Blackstone sees potential in both private and public markets - THE EDGE SINGAPORE

Markets

Blackstone sees potential in both private and public markets

Blackstone sees advantages in both public and private markets, and keeps an eye on the exit with private funds

IPO

US IPO plans for dating app that allows women to make the first move

Bumble could seek a valuation of $6 billion to $8 billion, says a source familiar with the company.
Singapore has a better Bali on its doorstep, developer says

Property

Singapore has a better Bali on its doorstep, developer says

SINGAPORE (Feb 22): Singapore’s second-largest developer has a suggestion for the government: re-position the billionaire enclave of Sentosa as a tourism mecca like Bali.

M&A

Keppel Infrastructure says it is preferred bidder for Blackstone's Ixom

SINGAPORE (Oct 30): Singapore's Keppel Infrastructure Trust said it has been selected as the preferred bidder for Blackstone Group's sale of Australian chemical firm Ixom Holdco.

M&A

Keppel Infrastructure Trust emerges preferred bidder for Blackstone's Ixom: AFR

SINGAPORE (Oct 30): Keppel Infrastructure Trust (KIT) is reportedly named the official preferred bidder for IXOM, Blackstone’s Australian chemicals business formerly owned by multinational corporation Orica.

M&A

Blackstone to buy Thomson Reuters unit in US$20 bil deal

(Jan 31): A group led by Blackstone Group agreed to buy a majority stake in Thomson Reuters’s financial and risk unit in a deal that values the business at US$20 billion ($26.1 billion), sealing plans for the firm’s biggest buyout in a decade.
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