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advisor stocks
Wall Street banks re-enter junk debt market
FILE - The Alcoa and Arconic headquarters, left, sit on the Northside of Pittsburgh along the Allegheny River, on Oct. 17, 2022. Aluminum maker Arconic is being taken private by Apollo Global Management in a deal worth approximately $5.2 billion, according to a statement from Apollo on Thursday, May 4, 2023. (AP Photo/Gene J. Puskar, File)
advisor mutual funds
Wall Street titans confront ESG backlash as new financial risk
FILE PHOTO: Signage is seen outside the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon/File Photo
advisor mutual funds
How the gates closed on Blackstone’s runaway real estate vehicle
FILE PHOTO: Signage is seen outside The Blackstone Group headquarters in Manhattan, New York, U.S., November 12, 2021. REUTERS/Andrew Kelly/File Photo
investment ideas
Blackstone REIT restriction a possible warning sign for markets
Signage is seen outside The Blackstone Group headquarters in Manhattan in November of 2021.
international business
Blackstone limits withdrawals from its US$69-billion REIT
FILE PHOTO: Signage is seen outside The Blackstone Group headquarters in Manhattan, New York, U.S., November 12, 2021. REUTERS/Andrew Kelly
energy and resources
Blackstone to buy majority stake in Emerson’s climate tech unit in US$14-billion deal
FILE PHOTO: Emerson Electric Co is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 13, 2020. REUTERS/Brendan McDermid/File Photo
investment ideas
Blackstone’s earnings fall 16% on sharp drop in asset sales
Signage is seen outside The Blackstone Group headquarters in New York City in November of 2021.
report on business
Apollo, Blackstone seek buyers for Canadian oil producer Ridgeback, sources say
FILE PHOTO: An oil & gas pump jack is seen in Alberta, Canada May 6, 2020. REUTERS/Todd Korol/File Photo
report on business
Blackstone says it will not target single-family homes in its Canadian expansion
Single family homes are seen in Burnaby, British Columbia, Canada August 31, 2021. REUTERS/Jennifer Gauthier
report on business
Blackstone targets Canadian real estate, opens office in Toronto
Office towers and nearby condominiums in down town Toronto, are photographed from the 15th floor of 351 King St East on Nov 9 2020.
report on business
Brookfield outbids Canadian pension for Australian telecom
FILE PHOTO: People walk to Brookfield Place off Bay Street on the day of the annual general meeting for Brookfield Asset Management shareholders in Toronto, May 7, 2014. REUTERS/Mark Blinch
report on business
Blackstone provides $1.2-billion in financing to Westland Insurance Group to fund acquisitions
FILE PHOTO - The logo of Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid/File Photo
international business
Blackstone to sell The Cosmopolitan resort and casino for $5.65-billion
FILE: The Blackstone Group has announced that it is selling the Cosmopolitan of Las Vegas to MGM Resorts International in a $5.65 billion deal. LAS VEGAS, NV - MAY 15: Vehicles drive by in front of The Cosmopolitan of Las Vegas (C) on May 15, 2014 in Las Vegas, Nevada. Blackstone Real Estate Partners VII has agreed to buy the Las Vegas Strip resort from Deutsche Bank AG for USD 1.73 billion. (Photo by Ethan Miller/Getty Images)
report on business
U.S. private equity giant Blackstone to buy Canada’s WPT Industrial REIT for US$3.1-billion
FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid/File Photo
african and mideast business
Israeli cybersecurity firm Pcysys eyes $1-billion valuation, new funding to propel growth: CEO
investment ideas
The big money is going vegan
A product from vegan milk maker Oatly.
u.s. business
Demand for Blackstone’s inaugural growth equity fund surpasses US$4.5-billion target
FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid
international business
Blackstone, Starwood Capital to buy Extended Stay for $6-billion
FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid/File Photo
u.s. business
Bumble has a good first date with the markets, soaring 76% on Nasdaq debut
Displays in Times Square outside the Nasdaq MarketSite are pictured as dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company's IPO in New York City, New York, U.S., February 11, 2021. REUTERS/Mike Segar
international business
Bill Gates and Blackstone partner on potential bid for Signature Aviation
FILE PHOTO: Bill Gates, Co-Chair of Bill & Melinda Gates Foundation, attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 22, 2019. REUTERS/Arnd Wiegmann/File Photo
opinion
Osum deal is a rare hostile takeover battle for a private company
Jeffrey Jones
u.s. business
Blackstone to buy Simply Self Storage from Canada’s Brookfield for $1.2-billion
FILE PHOTO: The BlackRock logo is seen outside of its offices in New York City, U.S., October 17, 2016. REUTERS/Brendan McDermid
energy and resources
Blackstone selling around 40% of its stake in Cheniere limited partnership to Brookfield Infrastructure
Cheniere Energy Aerial view of the Sabine Pass LNG Terminal showing close proximity to the Gulf of Mexico. ? Current Facility ? 853 acres in Cameron Parish, Louisiana ? 40 ft ship channel 3.7 miles from coast ? 2 berths; 4 dedicated tugs ? 5 LNG storage tanks (17 Bcfe of storage) ? 4.3 Bcf/d peak vaporization ? Above bullets are the stats of the facility. ? Diane Haggard Media Relations Manager Cheniere Energy 700 Milam Street,?Suite 800 Houston, TX? 77002 713.375.5259 Handout photo supplied Nov 2, 2011
asia-pacific business
Takeda to sell Japan consumer health unit valued at $2.3-billion to Blackstone
FILE PHOTO: Takeda Pharmaceutical Co's logo is seen at its headquarters in Tokyo, Japan, July 2, 2018. REUTERS/Kim Kyung-Hoon
investment ideas
Investors ready for up to US$2.5-billion in debt for Blackstone’s Ancestry.com buy
The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016.
top links
Global private equity behemoth picks this real estate sector as their ‘highest conviction global investment theme’
A trader walks across the partially reopened trading floor of the New York Stock Exchange, Thursday, May 28.
streetwise newsletter
Streetwise newsletter: AIMCo’s $4-billion debacle strikes a blow to public confidence
A group of Yukon First Nation leaders are meeting with bankers today in Toronto to try and convince them not to invest in energy development on the range of a vital caribou herd. Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Veczan
u.s. business
Blackstone’s first-quarter profit rises but coronavirus weighs
Blackstone Group reported first-quarter earnings Thursday.
international business
Thyssenkrupp sells elevator unit for $18.7-billion to Advent-led consortium
FILE PHOTO: The logo of Thyssenkrupp is seen near elevators in its headquarters in Essen, Germany, November 21, 2019. REUTERS/Leon Kuegeler
european business
London Stock Exchange agrees to buy Refinitiv in ‘defining’ deal
FILE PHOTO: An advertisement for Refinitiv is seen on a screen in London's Canary Wharf financial centre, London, Britain, October 2, 2018. REUTERS/Russell Boyce