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Blackstone Group LP (BX.N)

BX.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Blackstone Mortgage Trust reports Q1 earnings of $0.54 per share
Tuesday, 25 Apr 2017 04:16pm EDT 

April 25 (Reuters) - Blackstone Mortgage Trust Inc -:Blackstone Mortgage Trust reports first quarter 2017 results.Qtrly gaap earnings of $0.54 per share.Qtrly core earnings of $0.61 per share.Q1 earnings per share view $0.63 -- Thomson Reuters I/B/E/S.  Full Article

Blackstone says AUM grew to $368.2 billion at quarter end
Thursday, 20 Apr 2017 07:22am EDT 

April 20 (Reuters) - Blackstone Group Lp ::Total assets under management grew to a record $368.2 billion at quarter end; increased 7 pct year-over-year.Q1 net income per common unit $0.69.Says economic net income was $986 million ($0.82/unit) in the quarter.Gross inflows were $14.0 billion in the quarter, bringing LTM inflows to $66.5 billion.Q1 GAAP total revenue $1,940.7 million versus $932.4 million.Declared a first quarter distribution of $0.87 per common unit payable on May 8, 2017.Distributable earnings was $1.02/unit in the quarter.  Full Article

Blackstone and Canada Pension Plan Investment Board to acquire Ascend Learning LLC
Friday, 14 Apr 2017 11:58am EDT 

Ascend Learning, LLC: Blackstone and canada pension plan investment board to acquire ascend learning from providence equity partners and ontario teachers' pension plan .Ascend learning llc - Barclays acted as lead financial advisor to ascend and providence equity partners on transaction.  Full Article

Seaworld entertainment inc announces long-term investment by Zhonghong Group
Friday, 24 Mar 2017 06:45am EDT 

Seaworld Entertainment Inc : Seaworld Entertainment Inc announces long-term investment by zhonghong group . Seaworld - unit of Zhonghong will acquire about 21pct equity interest in Seaworld from certain funds affiliated with blackstone at $23.00 per share . Seaworld Entertainment Inc - upon closing of transaction, seaworld will increase size of its board to 11 . Seaworld Entertainment Inc - unit of Zhonghong Zhuoye Group Co Ltd. Will acquire an approximately 21pct equity interest in Seaworld . Seaworld Entertainment- following closing , blackstone and affiliates will no longer hold any interests in seaworld or have seats on board . Seaworld entertainment - zhonghong group executives yoshikazu maruyama and yongli wang will join seaworld board . Seaworld Entertainment - agreement contains certain restrictions on Zhonghong Group's ability to sell its interest in Seaworld for period of two years .Seaworld Entertainment-deal contains limitations on zhonghong's ability to acquire more than 24.9pct of shares without approval of independent directors.  Full Article

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

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