Blackstone theme park deal includes $1bln equity-source
NEW YORK Oct 7 (Reuters) - Private equity firm Blackstone Group LP (BX.N) is investing up to $1 billion of equity in its deal to buy Anheuser-Busch InBev's (ABI.BR) U.S. theme parks, a source familiar with the deal said on Wednesday.
Blackstone and Anheuser-Busch said in a statement earlier that the deal was worth up to $2.7 billion, including a payment on closing of $2.3 billion and a right to participate in Blackstone's return, capped at $400 million.
The purchase price includes up to $1 billion of equity, the source said. It also includes a $950 million term loan, $450 million of mezzanine financing and a $100 million undrawn revolver, the source said.
- Obama and Castro shake hands, Zuma humiliated at Mandela memorial |
- Google bus blocked in San Francisco gentrification protest
- Reporter can keep sources secret in Colorado theater shooting: court
- Regulators seek to curb Wall St. trades with Volcker rule
- Thai PM urges protesters to take part in election |