A group led by Blackstone, the biggest private equity fund globally, together with Abu Dhabi Investment Authority (ADIA) and GIC of Singapore, made a non-binding offer recently to purchase a majority stake in Haldiram Snacks Food Pvt Ltd (HSFPL), the joint packaged snacks and foods business of the Agarwal family’s Delhi and Nagpur branches, according
Bermuda-headquartered Hamilton Insurance Group, Ltd. has entered into an agreement to repurchase shares owned by funds affiliated with Blackstone Alternative Solutions LLC (BAS). The transaction includes 9,124,729 Class A common shares which will be purchased at $12.00 per share, totalling $109,496,748. This represents a 12.0% discount to the 30-day volume weighted average price of the
(Bloomberg) — Private equity firm Blackstone Inc. made a new proposal worth about $1.5 billion to purchase Hipgnosis Songs Fund Ltd., topping a bid made last week by music rights investor Concord. Most Read from Bloomberg The company made an improved, fourth proposal on Saturday to acquire the entire issued and to-be-issued share capital of
(Bloomberg) — Blackstone Inc.’s Strategic Partners unit sold a $1.1 billion portfolio of private equity fund interests to Ares Management Corp. Most Read from Bloomberg The portfolio consists of older fund stakes that Strategic Partners had acquired from institutional sellers, according to people with knowledge of the matter, asking not to be identified discussing confidential
Steve Schwarzman’s guiding philosophy has always been to “go big,” and despite Blackstone having surpassed $1 trillion in assets, he’s still feeling expansive. By Sergei Klebnikov, Forbes Staff Blackstone’s 77-year old founder and chief executive grew up in a suburb of Philadelphia. From as early as ten-years-old, he would work at his father’s curtains and
Bayern Munich fans hold up a banner in protest against DFL investor deal during the Bundesliga match … [+] against Bayer Leverkusen. (Photo by Lars Baron/Getty Images) Getty Images A plan by the government body of the Bundesliga and 2. Bundesliga, the Deutsche Fußball Liga (DFL) to negotiate a deal with a potential investor hit