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Blackstone Group LP

Blackstone Group LP

Blackstone's La Quinta confidentially files for IPO in the US

Blackstone Group LP-backed hotel chain La Quinta Holdings Inc confidentially filed for an initial public offering (IPO) with the US Securities and Exchange Commission under the Jumpstart Our Business Startups (JOBS) Act.

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The Blackstone Group

Blackstone takes stake in US East Coast shopping center for $718M

New York, US-based multinational private equity firm Blackstone Group LP acquired a minority stake in Edens shopping center in a deal valued at $718 million.

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Emcure Pharmaceuticals

Blackstone to sell its stake in Indian drug maker Emcure Pharma to Bain Capital for INR650 crore

Private equity firm Blackstone Group has put up for sale its 13.09% stake in Indian drug company Emcure Pharmaceuticals. The stake will be sold to rival private equity firm Bain Capital for INR650 crore.

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BASF SE

Chemicals maker BASF prepares bid for RWE's oil and gas exploration and production unit

BASF SE, the largest chemicals company in Germany, is working on a bid for RWE DEA AG. DEA is the oil and gas exploration and production (E&P) unit of German electric utilities company RWE AG.

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Aramark Logo

Food services firm Aramark raises $725 mln in IPO - underwriter

Food services provider Aramark Holdings Corp raised $725 million from its initial public offering after its shares were priced at the low end of its planned $20 to $23 price range, an underwriter told Reuters.

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Hilton Hotel

Hilton Worldwide raises over $2.3 bln in biggest-ever hotel IPO

Hilton Worldwide Inc, the world's largest hotel operator, raised roughly $2.34 billion in its IPO on Wednesday after pricing shares toward the high end of the range.

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Blackstone Group

Blackstone eyes more real estate acquisitions in Asia

Blackstone Group, the largest real estate private equity firm, recently said that it targets more real estate acquisitions in Asia. It has invested USD3 billion in the region since making its first deal in 2007.

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Hilton Worldwide Holdings Inc.

Hilton eyes USD2.4 billion in biggest hotel IPO

Hotel major Hilton Worldwide Holdings Inc. seeks to raise up to USD2.4 billion in its US listing. Hilton Worldwide will offer 112.8 million shares, giving it a market value of about USD19.2 billion.

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Game Stop store in Encinitas, California

Top deals of the day - bids, mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported on Wednesday including Sinopec, Apache, AMR, US Airways, Deutsche Bank, EDF, Oxford, Andor, Bank Zachodni WBK, Shuanghui, Campofrio, OCZ, Toshiba and CVS Caremark.

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Glencore

Teck, Newmont, Blackstone, Magris consortium new contender for Las Bambas in Peru

Teck Resources, Newmont Mining, Magris Resources and private equity firm Blackstone Group are reportedly bidding for Glencore Xtrata's Las Bambas copper mine in Peru. Las Bambas' estimated end-2014 valuation is at USD6.9 billion.

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Illinois Tool Works

Six private equity firms bid for ITW in a possible USD3 billion deal -sources

Investment firms Carlyle Group, Blackstone Group, Apollo Global Management, Bain Capital, Ares Management and a consortium of Onex Corp and Canada Pension Plan Investment Board are reportedly bidding for Illinois Tool Works' industrial packaging unit in a deal that could bring in USD3 billion.

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Blackstone Group

Blackstone to exit from La Quinta via IPO

Blackstone Group LP's decision to sell its La Quinta Inns & Suites hotel chain was reportedly done in order to obtain higher returns as oppose to conducting a private sale, sources said to Bloomberg.

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Blackstone Group

Blackstone taps Nielsen CEO Calhoun to help run its companies

Blackstone Group LP said Thursday it had hired David Calhoun, chief executive of television ratings company Nielsen Holdings NV, to work with the bosses of the private equity firm's companies in order to deliver more value.

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Hilton Worldwide Inc

Hilton plans to go public on December 2 - sources

A Reuters report cited two sources who said that hotel operator Hilton Worldwide Inc would be launching its IPO sometime the first week of December.

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Blackstone Group

Blackstone Mortgage Trust declares first quarterly dividend

Blackstone Mortgage Trust declared its first quarterly dividend of USD0.27 payable to shareholders of record after the trading closes by the end of this month.

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