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Blackstone

Blackstone exec and Wall Street strategist Byron Wien dies at 90

Finance

27 October, 2023

Blackstone exec and Wall Street strategist Byron Wien dies at 90

Byron Wien, who guided investors on what to buy and sell and authored a widely anticipated yearly list of "10 ......

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Grapevine: Blackstone-backed firm, JSW Infra mull buyouts; Wow! Momo gets funding

General

26 October, 2023

Grapevine: Blackstone-backed firm, JSW Infra mull buyouts; Wow! Momo gets funding

Quality Care India Ltd, which operates Care Hospitals and is controlled by private equity firm Blackstone, has signed a pact to take over a Kerala-based hospital chain, a media report said.   The company will ......

Blackstone's Q3 profit drops 12% on weak asset sales, misses estimates

Finance

19 October, 2023

Blackstone's Q3 profit drops 12% on weak asset sales, misses estimates

Blackstone Inc, the world's largest private equity firm, said on Thursday that its third-quarter distributable earnings fell by a steeper-than-expected ......

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Blackstone-backed ASK Group enters hedge fund vertical, hires former Avendus exec

Finance

16 October, 2023

Blackstone-backed ASK Group enters hedge fund vertical, hires former Avendus exec

Mumbai-based ASK Group has forayed into the hedge fund vertical in line with its plans to expand its footprint in ......

Blackstone holds initial talks with Disney for stake in India arm

TMT

11 October, 2023

Blackstone holds initial talks with Disney for stake in India arm

Private equity firm Blackstone has held preliminary discussions with Walt Disney to acquire a stake in the Indian arm of ......

Ambani's Viacom18 to strike deal with Blackstone for new Mumbai HQ

Infrastructure

22 September, 2023

Ambani's Viacom18 to strike deal with Blackstone for new Mumbai HQ

Indian billionaire Mukesh Ambani's broadcasting unit Viacom18 is set to sign a lease deal with Blackstone-owned Nucleus Office Parks for ......

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Indian companies giving PE firms a run for their money for M&A deals

Finance

11 September, 2023

Indian companies giving PE firms a run for their money for M&A deals

Domestic companies are increasingly snapping up local assets on the block, often beating private equity firms, a trend expected to ......

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Grapevine: Blackstone eyes drugmaker; Sterling & Wilson Renewable plans fundraise

General

06 September, 2023

Grapevine: Blackstone eyes drugmaker; Sterling & Wilson Renewable plans fundraise

Private equity major Blackstone has joined the fray along with several other global buyout funds to snap up Hyderabad-based pharmaceutical ......

Gokaldas to acquire Dubai's Atraco; Medimix owner buys Future's Nilgiri Dairy

Consumer

29 August, 2023

Gokaldas to acquire Dubai's Atraco; Medimix owner buys Future's Nilgiri Dairy

Gokaldas Exports Ltd has agreed to acquire Dubai-based apparel manufacturer Atraco Group for an equity consideration of $55 million to ......

Khazanah-backed Xpressbees snaps up Trackon

Infrastructure

14 August, 2023

Khazanah-backed Xpressbees snaps up Trackon

BusyBees Logistics Solutions Pvt. Ltd, which runs logistics services startup Xpressbees, said on Monday that it has acquired logistics company ......