US09260D1072 - Common Stock
Blackstone Inc. is hiring a pair of credit veterans to cover investment-grade deals as the world’s largest alternative-asset manager continues its expansion into private credit.
Banco Santander SA, one of Europe’s most active sellers of bank risks and assets, is setting a lower bar for next year, as the competition to win investors such as private credit giants Apollo Global Management Inc. and Blackstone Inc. is heating up.
Blackstone Inc. has bought a Ritz-Carlton resort in Okinawa and is purchasing another hotel on the Japanese island in a deal worth about ¥20 billion ($130 million), according to people with knowledge of the matter.
Blackstone Inc. is exploring the sale of the Grand Wailea Resort in Maui, Hawaii, according to people with knowledge of the matter.
A consortium led by Blackstone Inc. has emerged as the preferred bidder for a minority stake in Haldiram Snacks Pvt., people familiar with the matter said, following months of negotiations on a potential deal.
Databricks Inc., the fast-growing analytics software firm, is seeking about $2.5 billion of debt from private credit lenders to help it offset tax burdens associated with stock sales from staffers, according to people with knowledge of the matter.
A defense-investment firm founded by Carlyle Group Inc. alumni is expanding in a bet that private equity will play a more prominent role in shaping technology critical for US security.
Ares Management Corp. and Blackstone Inc. are joining forces to provide a $1.43 billion-equivalent private credit loan package for Swedish property manager Odevo AB, people with knowledge of the matter said.
The United Arab Emirates named board members for its planned international energy investment vehicle, which includes the chief executive officer of the state oil producer, the head of asset manager Blackstone Inc. and a former BP Plc CEO.
Blackstone Inc.’s iQ Student Accommodation business has bought a plot of central London land out of receivership after its previous owner defaulted on a loan from the billionaire Reuben Brothers.
Let's delve into the developments on the US markets one hour before the close of the markets on Tuesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Nippon Life Insurance Co. plans to buy Resolution Life Group Holdings for $8.2 billion, Nikkei reported, in what would be the biggest acquisition by a Japanese insurer.
For private credit lenders, a focus next year will be on achieving scale, as the average size of transactions swell and the gates open for mergers and acquisitions, according to Blackstone Inc. and Blue Owl Capital Inc. executives.
Blackstone Inc. is in talks with a group of banks to lead an around A$4 billion ($2.6 billion) multi-currency loan for Australian data center operator AirTrunk Pte., according to people familiar with the matter.
Aster DM Healthcare Ltd. is nearing an agreement to combine with closely held Quality Care India Ltd., people familiar with the matter said, in a deal that will create one of India’s largest hospital chains.
Veritas Capital is looking to reduce its stake in a private credit loan that financed Thoma Bravo’s buyout of Medallia Inc., according to people with knowledge of the matter.
Blackstone Inc. has bought interests in a portfolio of infrastructure loans from Banco Santander SA worth $1 billion, according to a statement seen by Bloomberg News.
Funds managed by Blackstone Inc. agreed to invest $3.5 billion to create a joint venture with EQT Corp., enabling the US natural gas producer to reduce its debt.
Blackstone Inc.’s main private credit fund stormed the investment-grade bond market to raise a combined $1.5 billion in a single day, adding to the rush of direct lenders trying to lock in cheaper financing costs.
Blackstone Inc. invested more than $500 million in Lancium Inc., which is building more than 5 gigawatts of data centers in West Texas with an eye on supplying the booming energy demand for artificial intelligence applications, according to people familiar with the matter.