Blackstone Group is a global alternative asset manager and provider of financial advisory services. Co.'s alternative asset management businesses include the management of corporate private...
Henry Kravis is, at long last, taking buyout giant Kohlberg Kravis Roberts public but a look at the deal and the firm’s ambitions means management may want it to look more like BlackRock than Steve Schwarzman’s Blackstone. When Blackstone went public last year, it was a spectacle as dollar signs...
SAN FRANCISCO -- Blackstone Technology Group, a global technology solutions firm, announced today that Tim Danison has joined the firm as a Director in charge of leading the Microsoft practice domain.
The advantage that private equity firms have had over established food and drink companies when it came to making acquisitions may be coming to an end due to credit crunch caused by the recent turmoil on the world markets, according to the UK's Daily Telegraph. The inexpensive debt used to...
Jul. 5--NEW DELHI/MUMBAI, India -- Hospitality industry analysts expect the Hilton Group to become more aggressive in ramping up India operations after private equity firm Blackstone acquired Hilton Hotels globally. The international hospitality majo Jul. 5--NEW DELHI/MUMBAI, India -- Hospitality industry analysts expect the Hilton...
SACRAMENTO, Calif. -- Blackstone Technology Group, a global technology solutions firm, announced today the successful implementation of the Resource Interconnection Management System RIMS for the California Independent System Operator California ISO. California ISO is tasked with operating the wholesale energy market and managing the flow of electricity through an extensive...
HAMBURG & DUSSELDORF, Germany & NEW YORK -- An acquisition corporation owned by private equity funds advised by Blackstone signed an agreement today to buy Gerresheimer Glas, the Dusseldorf-based international packaging company. The parties have agreed not to disclose details of the transaction.
Blackstone, the US private equity PE heavyweight, denied a press report about its possible takeover of German carrier Deutsche Telekom. In April 2006, the firm purchased a 4.5 percent stake in Deutsche Telekom. This acquisition led to a rumor that the UBlackstone, the US private equity PE heavyweight, denied a...
DALLAS -- Capital Senior Living Corporation (the "Company") (NYSE:CSU), one of the country's largest operators of senior living communities, today announced it has completed a six community sale/leaseback transaction valued at approximately $85 million with Ventas, Inc. ("Ventas") (NYSE:VTR) effective September 30th. The six communities sold to Ventas were owned...
HAMILTON, Bermuda -- Aspen Insurance Holdings Limited (the "Company") (NYSE:AHL) today announced that Prakash Melwani and Kamil Salame will be stepping down from the Board today. Mr. Melwani is a Senior Managing Director of Blackstone's Private Equity Group and Mr. Salame is a partner of DLJ Merchant Banking Partners. Blackstone...
HUNTERSVILLE, N.C. -- Orthofix International N.V. (NASDAQ: OFIX) announced today that Blackstone Medical, Inc. Blackstone, its recently acquired spine implant and biologic subsidiary, has signed an agreement with Regeneration Technologies, Inc. RTI (Nasdaq: RTIX) to manufacture spinal allograft implants designed by Blackstone.
MT. LAUREL, N.J. -- PHH Corporation (NYSE:PHH) ("PHH" or the "Company") announced today that it has received payment of the $50 million reverse termination fee from Blackstone Capital Partners V L.P. ("Blackstone"), the private equity fund affiliated with the Blackstone Group L.P., in connection with the previously announced termination of...
Blackstone mulls IPO Blackstone Group is considering filing for an initial public offering, sources close to the firm say. Although a final decision has not been made, Blackstone could file within the next two weeks to sell a 10% stake, with the h ...
DALLAS -- Capital Senior Living Corporation (the "Company") (NYSE:CSU), one of the country's largest operators of senior living communities, today announced it has executed an agreement with Ventas, Inc. ("Ventas") (NYSE:VTR) for a six community, approximately $85 million sale/leaseback transaction. The six communities being sold to Ventas are owned by...
WHITE PLAINS, N.Y. - TeleCommunications Inc.'s TCI Communications inc., Bresnan Communications and Blackstone Capital Partners III Merchant Banking Fund L.P. and its affiliates said last Friday that they signed a definitive agreement for their previo WHITE PLAINS, N.Y. - TeleCommunications Inc.'s TCI Communications inc., Bresnan...
Oxford University Press (OUP; Cary, NC/ Oxford, Eng.) has acquired Blackstone Press, the publisher of professional, student and vocational books for the legal market, from BPP plc. London. No terms were given. Oxford University Press (OUP; Cary, NC/ Oxford, Eng.) has acquired Blackstone Press,...
NEW YORK -- Blackstone Group (NYSE: BX) said today that a front page article in The New York Times is filled with inaccuracies, myths, and misrepresentations that give a false impression of Blackstone's tax situation and that of its partners.
Byline: Sara Hansard WASHINGTON - Unions are hoping that pressure from Congress on private-equity funds will lead to better pay and benefits for workers, including more unionization. "We're in the early stages of starting a national...
Universal Parks Sale? -- According to press reports, Vivendi Universal is in talks to sell Universal Orlando, Universal Hollywood and other theme parks around the world to Blackstone Capital Partners, a New York-based investment firm. Blackstone alre Universal Parks Sale? -- According to press reports, Vivendi...
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