Blackstone Group L.P. Aktie News

NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE:BX) today announced the appointment of Dan Leiter as Head of International for Blackstone Credit and Insurance (BXCI). In this role, reporting to Gilles Dellaert, Global Head of BXCI, Mr. Leiter will lead the activity and expansion of BXCI in EMEA and APAC. Additionally, Michael Carruthers is appointed as European Head of Private Credit, reporting to ...

Blackstone BX, -0.43% said it is acquiring acquire Tropical Smoothie Cafe, an Atlanta-based franchiser with over 1,400 locations in 44 states, from Leichtman Capital Partners.

Blackstone-owned Crown Resorts was found suitable to retain its Sydney casino's licence after nearly three years of intensive remediation, a gambling regulator said on Tuesday.

Liberum believes Blackstone's $1.24 per share proposal to acquire Hipgnosis Songs Fund “presents materially better value to shareholders than the Concord offer” and expects the higher bid to “ultimately be the successful one”. Blackstone's interest in Hipgnosis is part of a broader strategy involving its existing 51% stake in Hipgnosis Song Management, Liberum pointed out.

Hipgnosis Songs Fund, the London-listed company that owns the rights to songs by Justin Timberlake and Shakira, on Monday said it is now considering putting its weight behind a takeover offer submitted by Blackstone, causing its share price to surge 10%.

Distressed music royalties fund Hipgnosis, which owns the rights to back catalogues ranging from Red Hot Chili Peppers to Neil Young, has received a rival takeover proposal from private equity firm Blackstone. Hipgnosis, which just on Friday agreed to a US$1.4 billion/US$1.16 per share bid from Nashville-based music rights owner Concord, said it “would be minded to recommend to its shareholders...

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Blackstone surpassed EPS and revenue estimates, indicating strong operational efficiency. AUM growth highlights a solid market position and capital attraction capability.