Blackstone Infrastructure's plans for data centers in New Mexico will be a deciding factor in whether stakeholders challenge the private equity group's $11.5-billion proposed acquisition of electric company TXNM Energy , the group that blocked TXNM's previous merger plan told Reuters this week.
Blackstone has kicked off the sale of Clarion Events, four people familiar with the matter said, in a test of demand for takeovers after weeks of market turmoil stymied dealmaking.
Asset manager Blackstone is expanding its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly $5.7 billion in cash.
Blackstone Community held its signature “Night of Insight” gala event recently to mark a major development milestone and highlight its expanding global impact through education, responsible investing, and social initiatives. Blackstone Community held its signature “Night of Insight” gala event recently to mark a major development milestone and highlight its expanding global impact through educa...
Infrastructure stocks are my favorite place to invest. However, there is a dark side to investing in infrastructure stocks. I share what this dark side is and how to position your infrastructure portfolio for long-term outperformance.
LEHI, Utah--(BUSINESS WIRE)--Entrata, a leading operating system for multifamily communities, today announced a $200 million minority investment from funds managed by Blackstone (“Blackstone”) at a $4.3 billion valuation. This investment comes as Entrata is moving forward on its next chapter of growth, serving the rental housing industry through innovative technology that streamlines operations...
Ever-acquisitive financial services titan Blackstone Group (BX 6.87%) might soon be the owner of a big utility, if a media report is to be believed. On Monday, investors clearly believed, as they traded the company's stock well up after the article was published.
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