![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, January 24, 2023 2:26:54 PM
January 24 2023 - 06:50AM
Dow Jones News
--Blackstone Inc. is in talks to sell roughly half of its stake in Embassy Office Parks REIT, India's largest real-estate investment trust, to private-equity firm Bain Capital, Reuters reports, citing sources.[ Was Bain Capital started by Utah Senator Mitt Romney?]
--The deal is worth up to $480 million at current prices, according to the report.
--Blackstone, which currently owns 24% of Embassy, is planning to sell a 10% to 12% stake, Reuters reports, adding that a Blackstone representative declined to comment, while Bain and Embassy didn't respond to requests for comment.
Full story: https://www.reuters.com/markets/deals/blackstone-talks-with-bain-sell-480-mln-stake-top-indian-reit-sources-2023-01-24/
Write to Colin Kellaher at colin.kellaher@wsj.com
Recent BX News
- Blackstone Real Estate and MRP Group Announce Extension of 100% Cash Tender Offer for Terrafina • Business Wire • 07/26/2024 08:26:00 PM
- Blackstone Real Estate y Grupo MRP Anuncian la Extensión de su Oferta Pública de Adquisición, 100% en Efectivo, por Terrafina • Business Wire • 07/26/2024 08:26:00 PM
- Blackstone Real Estate y Grupo MRP Anuncian la Extensión de su Oferta Pública de Adquisición, 100% en Efectivo, por Terrafina • Business Wire • 07/25/2024 11:58:00 PM
- Blackstone Real Estate and MRP Group Announce Extension of 100% Cash Tender Offer for Terrafina • Business Wire • 07/25/2024 10:40:00 PM
- NBA Signs $77 Billion Broadcast Deal, CrowdStrike Criticized for Insufficient Reward, Honda Shuts Down Chinese Factory • IH Market News • 07/25/2024 10:15:46 AM
- Blackstone Real Estate y Grupo MRP Anuncian la Extensión de su Oferta Pública de Adquisición, liquidable 100% en Efectivo, por Terrafina • Business Wire • 07/25/2024 01:34:00 AM
- Blackstone Real Estate and MRP Group Announce Extension of 100% Cash Tender Offer for Terrafina • Business Wire • 07/25/2024 01:25:00 AM
- Johnson Controls Division Sold for $8 Billion; Alphabet’s Offer Rejected by Wiz; AMD President Announces Retirement • IH Market News • 07/23/2024 10:00:52 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/18/2024 10:55:34 AM
- Nasdaq Tech Stocks Show Partial Recovery; Oil Prices Rise • IH Market News • 07/18/2024 10:01:11 AM
- Blackstone to Acquire Trystar, Premier Provider of Backup Power Solutions • Business Wire • 07/16/2024 01:00:00 PM
- Air Control Concepts Announces Investment from Blackstone • Business Wire • 07/15/2024 11:00:00 AM
- Microsoft and Apple Exit OpenAI Board, TSMC Exceeds Forecasts with Record Revenue, and Other Key Updates • IH Market News • 07/10/2024 10:42:17 AM
- Blackstone Credit & Insurance (BXCI) Appoints Tyler Dickson as Global Head of Client Relations • Business Wire • 07/09/2024 08:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/05/2024 09:59:50 PM
- Apple Joins OpenAI Board, Logitech President Opts Out of Reelection, and More News • IH Market News • 07/03/2024 10:59:39 AM
- Blackstone Real Estate Completes Privatization of AIR Communities for Approximately $10 Billion • Business Wire • 06/28/2024 02:47:00 PM
- Blackstone Real Estate y Grupo MRP Incrementan el Precio de su Oferta Pública de Adquisición, liquidable en Efectivo, por Terrafina • Business Wire • 06/28/2024 01:31:00 PM
- Blackstone Real Estate and MRP Group Increase Price of All-Cash Tender Offer for Terrafina • Business Wire • 06/28/2024 01:12:00 PM
- Interactive Brokers Loses $48 Million on NYSE, Amazon Achieves Historic Market Value, and More News • IH Market News • 06/27/2024 11:13:41 AM
- Ryan Specialty Holdings Set to Join S&P MidCap 400 • PR Newswire (US) • 06/20/2024 09:42:00 PM
- Blackstone Real Estate y Grupo MRP Incrementan el Precio de su Oferta Pública de Adquisición, liquidable en Efectivo, por Terrafina • Business Wire • 06/18/2024 01:38:00 PM
- Blackstone Real Estate and MRP Group Increase Price of All-Cash Tender Offer for Terrafina • Business Wire • 06/18/2024 01:01:00 PM
- Fisker Files for Bankruptcy, Chegg Stocks Rise on 23% Workforce Reduction, and More • IH Market News • 06/18/2024 11:02:13 AM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM