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Embassy-Blackstone JV buys majority stake in B'lore biz park

Last Updated: Friday, May 02, 2014, 18:29

Real estate developer Embassy Group and private equity firm Blackstone have completed acquisition of majority stake in a 106 acre business park in Bangalore for nearly Rs 1,200 crore.

Blackstone to buy US auto parts firm Gates for $5.4 bn

Last Updated: Saturday, April 05, 2014, 04:01

Investment fund Blackstone said Friday it will buy US auto parts maker Gates Corporation for USD 5.4 billion from its Canadian owners.

Blackstone, TPG offer USD 5.5 bn for Gates Global

Last Updated: Tuesday, March 11, 2014, 07:19

A consortium that includes private equity firms Blackstone Group and TPG plans to offer USD 5.5 billion to acquire auto supply firm Gates Global Inc., a person familiar with the matter said.

NYSE Euronext sells 5.65 lakh MCX shares

Last Updated: Thursday, December 19, 2013, 20:17

Global exchange giant NYSE Euronext on Thursday offloaded 5.65 lakh shares of India's premier commodity bourse MCX for an estimated Rs 24 crore.

Zhang keen to taste victory at Ballantine`s Championship

Last Updated: Tuesday, April 23, 2013, 16:35

China`s Zhang Lian-wei is hoping to taste success again when he makes his debut at the 2,205,000 euro (about USD 2.8 million) Ballantine`s Championship which begins at the Blackstone Golf Club here on Thursday.

Dell says Blackstone has withdrawn buyout bid

Last Updated: Friday, April 19, 2013, 20:16

Dell announced Friday that the bidding consortium led by Blackstone Management Partners, initially interested in acquiring Dell, has decided not to make an offer after all.

Blackstone, Carl Icahn put in bids for Dell buyout

Last Updated: Sunday, March 24, 2013, 13:59

Private equity firm, Blackstone Group submitted an offer ahead of the expiration of a "go-shop" stage on Saturday that allowed Dell to look at new options, a source said.

Kingfisher Airlines shares soar 3%

Last Updated: Wednesday, November 21, 2012, 12:29

According to the media reports, Blackstone has made an offer to UB Holdings to buy out prime office and retail real estate blocks in its flagship UB City property project near Bangalore.

Blackstone to acquire 12.5% stake in ITL for Rs 520 cr

Last Updated: Monday, October 08, 2012, 14:14

Blackstone Capital Partners (Singapore) VI, an affiliate of The Blackstone Group, has signed an agreement to acquire 12.5 percent of International Tractors Ltd (ITL) in a structured transaction for up to USD 100 million (Rs 520 crore), the investment firm said in a statement.

KKR, Blackstone may buy Mallya’s UB Towers for Rs 650 cr

Last Updated: Tuesday, May 01, 2012, 12:39

According to reports, one of these two PE firms may acquire Mallya's real estate property for Rs 650 crore.

Blackstone's new real estate fund passes $6 billion

Last Updated: Wednesday, January 25, 2012, 11:02

Blackstone Group LP has raised more than USD 6 billion for a real estate opportunity fund, which eventually could match its current USD 11 billion fund, a source familiar with the matter said on Tuesday.

DLF & partner sell Pune IT SEZ for Rs 810 cr

Last Updated: Wednesday, December 28, 2011, 19:41

DLF and Hubtown held 67 percent and 33 percent equity shares in DLF Ackruti SEZ, respectively.