Advertisements Emerson Electric will sell a majority stake in its Cimate Technologies unit to Blackstone in a $14 billion deal, as the U.S. industrial firm shifts its focus to supplying a thriving automation market. The company said on Monday that… Read More ›
Blackstone
Blackstone Invests Over INR 50 Crore To Redevelop Mumbai’s One-Mile Road
Advertisements Nucleus Office Parks, the real estate platform owned by global investment major Blackstone’s realty funds, has redeveloped a one-mile stretch of a street in Mumbai’s central business district of the Lower Parel area at an investment of over Rs 50… Read More ›
Blackstone to invest USD 3 Bn in Invenergy Renewables
Advertisements Blackstone Inc (BX.N) said on Friday it would invest about $3 billion in Invenergy Renewables Holdings Llc, the largest private renewable energy company in North America. The world’s largest manager of alternative assets such as private equity and real estate has… Read More ›
Prime Minister Hosts Roundtable with PE/VC Leaders
Prime Minister Narendra Modi hosted representatives of leading Private Equity and Venture Capital funds at his Lok Kalyan Marg residence in Delhi for interactions in line with his endeavour to boost the investment climate in the country. During the meeting the discussion centered around the key initiatives in this regard by the government. The Prime Minister personally interacted with the industry leaders to also gather their inputs in the runup to Budget 2022.
Blackstone sells 57 mn units in Embassy Office Parks REIT for over Rs 2k cr
Advertisements Global fund Blackstone has sold its shares in Embassy Office Parks REIT for over Rs 2,000 crore (USD 275 million), representing 5.7% of the company’s market value, as a part of its strategy to monetize part of its investment,… Read More ›
Blackstone Acquires Majority Stake in Edtech Simplilearn
Advertisements Blackstone, a popular investment firm, announced that it had recently purchased a majority position in Simplilearn, an educational technology company. Simplilearn is an online boot camp and certification training provider. It was started in Bengaluru in 2010 by Mr… Read More ›
Blackstone Buys Embassy Industrial Parks From Warburg Pincus & Embassy Group
Advertisements (PTI) Global investment firm Blackstone on Monday announced the acquisition of Embassy Industrial Parks, a joint venture firm of Warburg Pincus and realty firm Embassy group. Embassy Group and Blackstone did not disclose the deal value. In 2015, the… Read More ›
Blackstone Group Commits $2.8Billion To Acquire Stake In Mphasis
Advertisements Blackstone Group funds will acquire a majority stake in IT firm Mphasis Ltd, triggering an offer for the acquisition of up to 26% in the company, at an investment of INR 8,262 crore. Office of the Chief Investment Officer… Read More ›