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Blackstone Group LP (BX.N)

BX.N on New York Stock Exchange

29.98USD
22 Mar 2017
Change (% chg)

$-0.03 (-0.10%)
Prev Close
$30.01
Open
$29.87
Day's High
$30.18
Day's Low
$29.50
Volume
1,313,940
Avg. Vol
1,072,538
52-wk High
$31.68
52-wk Low
$22.45

Latest Key Developments (Source: Significant Developments)

Blackstone looks to cash out of European warehouse platform - WSJ
Tuesday, 21 Mar 2017 07:11am EDT 

Blackstone Group LP : Blackstone looks to cash out of European warehouse platform - WSJ, citing sources .Blackstone is seeking sale or initial public offering of Logicor, likely resulting in deal of more than 10 billion euros - WSJ, citing sources.  Full Article

Blackstone acquires Windsor Atlantica hotel in Rio De Janeiro
Monday, 20 Mar 2017 08:01am EDT 

Blackstone: Blackstone announces acquisition of The Windsor Atlantica hotel in Rio De Janeiro . Financial terms of transaction were not disclosed .Signed management agreement with Hilton for Windsor Atlantica Hotel.  Full Article

Hansteen to dispose of its German and Dutch portfolios for 1.28 bln euros
Monday, 20 Mar 2017 03:01am EDT 

Hansteen Holdings Plc : 1.28 billion euro disposal of German & Dutch portfolio . Proposed disposal of German and Dutch portfolio for Eur 1.28 billion . Price represents a premium of approximately eur 76 million (6 per cent.) to year end valuation . Completion is expected to occur before end of june 2017. .Following completion, Hansteen intends to distribute a substantial portion of net cash proceeds of transaction to its shareholders.  Full Article

NCR Corp announces launch of secondary offering of Series A convertible preferred stock
Monday, 13 Mar 2017 06:38am EDT 

NCR Corp : NCR Corporation announces launch of secondary offering of series a convertible preferred stock and concurrent stock repurchase from the selling stockholders . NCR Corp says launch of a secondary offering of 342,000 shares of its series a convertible preferred stock . NCR Corp- company agreed to waive previously disclosed transfer restrictions applicable to selling stockholders . NCR -shares of series a convertible preferred stock are being offered solely by certain existing stockholders of co affiliated with Blackstone Group .NCR - selling stockholders agreed to extend transfer restrictions applicable to their remaining series a convertible preferred stock until Dec 1, 2017.  Full Article

NCR announces Blackstone agreement, updates guidance
Monday, 13 Mar 2017 06:30am EDT 

NCR Corp : NCR announces Blackstone agreement, updates guidance and announces additional share repurchase authorization . Increasing full year non-GAAP EPS guidance by $0.02 due to accretive nature of transaction to $3.27 to $3.37 . NCR Corp - plans to increase its planned 2017 share repurchases to approximately $350 million from previous $300 million . NCR Corp - Blackstone is granted an early release from its lockup to sell a portion of its holdings to allow it to recoup its investment . Full year GAAP EPS is expected to be lower by approximately $0.10 and Q1 GAAP EPS is expected to be lower by approximately $0.50 . NCR Corp - repurchased approximately 4.4 million shares of its common stock for approximately $204 million thus far in 2017 . NCR Corp - "Blackstone is extending lockup on our remaining 51% stake by another six months to December 1, 2017" . NCR Corp - additionally, on March 12, 2017, co's board of directors authorized a new $300 million share repurchase program to succeed its 2016 program . NCR Corp - on March 12, 2017, company's board of directors authorized a new $300 million share repurchase program to succeed its 2016 program . NCR Corp - agreement with Blackstone extends lockup period on remainder of the investment . FY2017 earnings per share view $3.30 -- Thomson Reuters I/B/E/S.  Full Article

Ventas in talks to buy part or all of Brookdale Senior Living - WSJ
Thursday, 16 Feb 2017 04:05pm EST 

:Ventas Inc in talks to buy part or all of Brookdale Senior Living Inc after Blackstone Group LP lost interest in Brookdale- WSJ, citing sources.  Full Article

TeamHealth Holdings to pay $60 mln to settle Medicare, Medicaid False Claims Act allegations
Monday, 6 Feb 2017 02:17pm EST 

U.S. Department of Justice: Says TeamHealth Holdings to pay $60 million to settle Medicare and Medicaid false claims act allegations .As part of settlement, TeamHealth entered into five-year corporate integrity agreement covering company's Hospital Medicine division.  Full Article

Brookdale Senior Living in talks with Blackstone & others, could sell part or all of the co - CNBC
Tuesday, 10 Jan 2017 12:53pm EST 

:Brookdale Senior Living in talks with Blackstone & others and could sell part or all of the co - CNBC, citing DJ.  Full Article

Blackstone in talks to take stake in assets of Energy Transfer Partners - CNBC, citing DJ
Thursday, 22 Dec 2016 01:05pm EST 

: Blackstone in talks to take stake in assets of Energy Transfer Partners; deal could be valued around $5 billion - CNBC, citing DJ Further company coverage: [BX.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Optiv Security to be acquired by KKR
Tuesday, 6 Dec 2016 07:00am EST 

Blackstone Group Lp : Optiv Security- KKR is making investment primarily from its eleventh Americas Private Equity investment fund . Optiv Security- co is being acquired from a group of private investors, including a private equity fund managed by Blackstone . Optiv Security- financial terms of transaction are not being disclosed. . Optiv Security- signing of a definitive agreement under which KKR will acquire a majority stake in Optiv . Optiv Security- other selling shareholders include Investcorp and Sverica .Optiv Security to be acquired by KKR.  Full Article

More From Around the Web

BRIEF-Blackstone looks to cash out of European warehouse platform - WSJ

* Blackstone looks to cash out of European warehouse platform - WSJ, citing sources