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Blackstone Group LP (BX.N)

BX.N on New York Stock Exchange

35.47USD
18 Mar 2019
Change (% chg)

$0.59 (+1.69%)
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Latest Key Developments (Source: Significant Developments)

Blackstone Group Announces Opening Of San Francisco And Toronto Offices
Monday, 11 Mar 2019 08:45am EDT 

March 11 (Reuters) - Blackstone Group LP ::GSO ANNOUNCES OPENING OF SAN FRANCISCO AND TORONTO OFFICES.BLACKSTONE GROUP LP - GSO CAPITAL PARTNERS OFFICES ARE EXPECTED TO OPEN IN FIRST HALF OF 2019..  Full Article

Apellis Pharmaceuticals Announces Collaboration With SFJ Pharmaceuticals For APL-2 In Hematologic Indications
Thursday, 28 Feb 2019 10:00am EST 

Feb 28 (Reuters) - Apellis Pharmaceuticals Inc ::APELLIS PHARMACEUTICALS ANNOUNCES COLLABORATION WITH SFJ PHARMACEUTICALS FOR APL-2 IN HEMATOLOGIC INDICATIONS.APELLIS PHARMACEUTICALS INC - APELLIS TO RECEIVE UP TO $120 MILLION IN UPFRONT AND NEAR-TERM MILESTONE PAYMENTS FROM DEAL.APELLIS PHARMACEUTICALS INC - APELLIS RETAINS EXCLUSIVE WORLDWIDE COMMERCIAL RIGHTS TO APL-2 IN ALL INDICATIONS.APELLIS PHARMACEUTICALS INC - DEAL HAS POTENTIAL FOR ADDITIONAL PAYMENTS SUBJECT TO MUTUAL AGREEMENT.APELLIS PHARMA - SFJ MAY ALSO PAY CO ADDITIONAL $50 MILLION IN FUNDING FOR PNH CLINICAL PROGRAM FOLLOWING A SPECIFIED, PRE-DEFINED CLINICAL MILESTONE..APELLIS PHARMACEUTICALS - HAS OPTION TO BUY-OUT OF ALL OR PART OF MILESTONE PAYMENTS AT ANY TIME FOLLOWING REGULATORY APPROVAL AT A DISCOUNTED RATE.  Full Article

GSO Capital Partners Announces The Expansion Of Partnership With Sequel Energy Group
Thursday, 28 Feb 2019 09:08am EST 

Feb 28 (Reuters) - Blackstone Group LP ::GSO CAPITAL PARTNERS ANNOUNCES THE EXPANSION OF ITS PARTNERSHIP WITH SEQUEL ENERGY GROUP TO PURSUE DRILLING JOINT VENTURES AND NON-OPERATED OIL & GAS TRANSACTIONS.GSO CAPITAL PARTNERS LP - ANNOUNCES FORMATION OF SEQUEL ENERGY GROUP II LLC, A PRIVATE, DENVER BASED OIL AND GAS COMPANY.GSO CAPITAL SAYS COMBINED COMMITTED CAPITAL OF SEQUEL PLATFORM IS NOW OVER $1 BILLION.GSO CAPITAL PARTNERS - SEQUEL II WILL TARGET STRUCTURED INVESTMENTS IN NON-OPERATED OIL & GAS WORKING INTERESTS IN PROVEN RESOURCE PLAYS IN N. AMERICA.  Full Article

Blackstone Life Sciences And Novartis Launch Anthos Therapeutics
Wednesday, 27 Feb 2019 12:01am EST 

Feb 27 (Reuters) - Blackstone Life Sciences::BLACKSTONE LIFE SCIENCES AND NOVARTIS LAUNCH ANTHOS THERAPEUTICS TO DEVELOP INNOVATIVE MEDICINES FOR CARDIOVASCULAR DISEASE.BLACKSTONE GROUP LP - BLACKSTONE LIFE SCIENCES PROVIDES $250M FINANCING.BLACKSTONE GROUP - NOVARTIS HAS LICENSED TO ANTHOS MAA868, AN ANTIBODY DIRECTED AT FACTOR XI AND XIA, KEY COMPONENTS OF INTRINSIC COAGULATION PATHWAY.BLACKSTONE GROUP LP - NOVARTIS WILL RETAIN A MINORITY EQUITY INTEREST IN ANTHOS.  Full Article

Targa Resources Corp. Sells 45 Pct Interest In Bakken Assets For $1.6 Billion
Tuesday, 19 Feb 2019 06:10am EST 

Feb 19 (Reuters) - Targa Resources Corp ::TARGA RESOURCES CORP. SELLS 45 PERCENT INTEREST IN BAKKEN ASSETS FOR $1.6 BILLION.TARGA RESOURCES CORP - TARGA WILL CONTINUE TO BE OPERATOR AND WILL HOLD MAJORITY GOVERNANCE RIGHTS IN BADLANDS..TARGA RESOURCES CORP - DEAL FOR $1.6 BILLION IN CASH.TARGA RESOURCES CORP - FUTURE GROWTH CAPITAL IS EXPECTED TO BE FUNDED ON A PRO RATA BASIS.TARGA RESOURCES - EXPECTS TO USE NET CASH PROCEEDS TO PAY DOWN DEBT AND FOR GENERAL CORPORATE PURPOSES INCLUDING FUNDING ITS GROWTH CAPITAL PROGRAM.TARGA RESOURCES CORP - SELLS 45 PERCENT INTEREST IN BAKKEN ASSETS TO FUNDS MANAGED BY GSO CAPITAL PARTNERS AND BLACKSTONE TACTICAL OPPORTUNITIES.TARGA RESOURCES - BADLANDS WILL PAY MINIMUM QUARTERLY DISTRIBUTION TO BLACKSTONE AND TO TARGA BASED ON INITIAL INVESTMENTS.  Full Article

Intertrust: Blackstone Sells Its Stake In Co
Wednesday, 13 Feb 2019 01:15am EST 

Feb 13 (Reuters) - INTERTRUST NV ::REG-MAJOR SHAREHOLDER BLACKSTONE PLACES 6.1 MILLION SHARES OF INTERTRUST WITH INSTITUTIONAL INVESTORS.FOLLOWING THIS TRANSACTION, BLACKSTONE NO LONGER HOLDS ANY SHARES IN INTERTRUST'S ISSUED SHARE CAPITAL..BLACKSTONE PERPETUAL TOPCO S.A.R.L HAS PLACED ALL OF REMAINING 6,074,824 INTERTRUST SHARES AT EUR 15.15 PER SHARE WITH INSTITUTIONAL INVESTORS VIA AN ACCELERATED BOOK BUILD.  Full Article

Ultimate Software To Be Acquired By An Investor Group Led By Hellman & Friedman For Approximately $11 Bln
Monday, 4 Feb 2019 07:02am EST 

Feb 4 (Reuters) - Ultimate Software Group Inc ::ULTIMATE SOFTWARE ANNOUNCES AGREEMENT TO BE ACQUIRED BY AN INVESTOR GROUP LED BY HELLMAN & FRIEDMAN TO OPERATE AS A PRIVATELY HELD COMPANY.ULTIMATE SOFTWARE GROUP INC - PROPOSED DEAL FOR $331.50 PER SHARE IN CASH.ULTIMATE SOFTWARE GROUP INC - DEAL FOR APPROXIMATELY $11 BILLION.ULTIMATE SOFTWARE GROUP INC - ULTIMATE WILL CONTINUE TO OPERATE UNDER LEADERSHIP OF CEO SCOTT SCHERR AND EXISTING SENIOR MANAGEMENT TEAM.ULTIMATE SOFTWARE GROUP INC - WILL HAVE RIGHT TO TERMINATE MERGER AGREEMENT TO ACCEPT A SUPERIOR PROPOSAL.ULTIMATE SOFTWARE GROUP INC - TRANSACTION INCLUDES A 50-DAY "GO-SHOP" PERIOD.ULTIMATE SOFTWARE GROUP INC - ULTIMATE'S BOARD OF DIRECTORS HAS UNANIMOUSLY APPROVED TRANSACTION.ULTIMATE SOFTWARE - COMPANY WILL BE OWNED BY AN INVESTOR GROUP, WHICH ALSO CONSISTS OF BLACKSTONE, CANADA PENSION PLAN INVESTMENT BOARD.  Full Article

Beacon Offshore Energy - Scott Gutterman To Join Co As Chief Executive Officer
Tuesday, 18 Dec 2018 09:00am EST 

Dec 18 (Reuters) - Blackstone Group LP ::BEACON OFFSHORE ENERGY ANNOUNCES EXPANSION OF DEEPWATER COMMITMENT AND LEADERSHIP TEAM.BEACON OFFSHORE ENERGY LLC - SCOTT GUTTERMAN TO JOIN BEACON OFFSHORE ENERGY AS CHAIRMAN AND CHIEF EXECUTIVE OFFICER.  Full Article

Acrisure says Investors Make $2 Billion Investment
Monday, 10 Dec 2018 11:11am EST 

Dec 10 (Reuters) - ACRISURE LLC::FUNDS MANAGED BY BLACKSTONE'S GSO CAPITAL PARTNERS, TACTICAL OPPORTUNITIES BUSINESSES HAVE INCREASED THEIR INVESTMENT IN COMPANY.PARTNERS GROUP ALSO INCREASED THEIR INVESTMENT, AND ALONG WITH HARVEST PARTNERS SCF.THE THREE INVESTORS NOW HAVE INVESTED OR COMMITTED TO $2 BILLION OF PREFERRED EQUITY IN COMPANY.  Full Article

Refinitiv And Tradeweb Markets Announce Extension, Expansion Of Redistribution Agreement
Thursday, 29 Nov 2018 08:41am EST 

Nov 29 (Reuters) - Tradeweb Markets: :REFINITIV AND TRADEWEB MARKETS ANNOUNCE EXTENSION AND EXPANSION OF EXCLUSIVE REDISTRIBUTION AGREEMENT.TRADEWEB MARKETS - NEW AGREEMENT PROVIDES FOR DELIVERY OF ADDITIONAL DATA SETS ACROSS MULTIPLE FIXED INCOME INSTRUMENTS.TRADEWEB MARKETS - AGREEMENT ENABLES ACCESS ACROSS REFINITIV PLATFORMS LIKE EIKON, ELEKTRON, DATASCOPE, REFINITIV CLOUD-BASED SOLUTIONS, TICK HISTORY.  Full Article

RPT-Blackstone joins KKR and BlackRock in Mexico private equity fundraising

MEXICO CITY, March 19 Blackstone Group has raised $695 million from Mexican pension funds for its first two local private equity funds, filings showed, joining Black Rock and KKR & Co in expanding in Mexico following regulatory changes.