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Blackstone Group LP (BX)

BX on New York Consolidated

34.26USD
23 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Blackstone Buys Back 10 Pct Of Logicor From CIC- FT,Citing Sources
Tuesday, 12 Dec 2017 12:27am EST 

Dec 12 (Reuters) - :BLACKSTONE BUYS BACK 10 PERCENT OF LOGICOR FROM CIC- FT,CITING SOURCES.CHINA INVESTMENT CORP HAS HIRED BLACKSTONE TO MANAGE LOGICOR'S PORTFOLIO OF WAREHOUSES AND LOGISTICS PROPERTIES - FT, CITING SOURCES‍​.  Full Article

‍GSO Capital Partners Lp Announced That It Will Launch A Internal Direct Lending Business​
Monday, 11 Dec 2017 07:30am EST 

Dec 11 (Reuters) - Blackstone Group Lp ::‍GSO CAPITAL PARTNERS LP, BLACKSTONE'S CREDIT PLATFORM, TODAY ANNOUNCED THAT IT WILL LAUNCH A NEW, FULLY INTEGRATED, INTERNAL DIRECT LENDING BUSINESS​.BLACKSTONE GROUP LP - ‍GSO CAPITAL PARTNERS WILL BE CONCLUDING ITS INVESTMENT SUB-ADVISORY RELATIONSHIP WITH FS INVESTMENTS' FUNDS APRIL 9, 2018​.BLACKSTONE GROUP LP - ‍GSO CAPITAL PARTNERS EXPECTS TO BEGIN ITS NEW DIRECT LENDING BUSINESS AND GENERATE ADDITIONAL REVENUE IN 2018​.BLACKSTONE GROUP LP - FOR SERVICES, GSO'S PARTNERSHIP WITH FS INVESTMENTS IN FS FUNDS' BUSINESS OVER LAST DECADE, GSO TO GET PAYMENTS OF $640 MILLION.BLACKSTONE GROUP LP - BLACKSTONE ANTICIPATES UTILIZING CASH PROCEEDS FROM FS INVESTMENTS FOR THE BENEFIT OF ITS SHAREHOLDERS.BLACKSTONE-‍GSO ANTICIPATES ITS INTERNAL DIRECT LENDING BUSINESS WILL REPLACE,EXCEED CURRENT REVENUES,EARNINGS TO BLACKSTONE SHAREHOLDERS FROM FS FUNDS​.  Full Article

Blackstone Acquires Majority Stake In Titus
Thursday, 7 Dec 2017 07:31am EST 

Dec 7 (Reuters) - Blackstone Group Lp ::BLACKSTONE ACQUIRES A MAJORITY STAKE IN LEADING DATA CLASSIFICATION PROVIDER TITUS.BLACKSTONE - ‍TERMS OF TRANSACTION WERE NOT DISCLOSED​.  Full Article

Wyndham’s European vacation rental sale could get bids of over $1 bln - WSJ
Tuesday, 5 Dec 2017 08:35am EST 

Dec 5 (Reuters) - :WYNDHAM’S EUROPEAN VACATION RENTAL SALE COULD GET BIDS OF OVER $1 BILLION - WSJ, CITING SOURCES.BLACKSTONE GROUP AND CVC CAPITAL PARTNERS ARE AMONG THOSE CONSIDERING MAKING OFFERS FOR WYNDHAM'S EUROPEAN VACATIONS RENTALS UNIT - WSJ.  Full Article

Park Hotels & Resorts Announces Pricing Of Secondary Sales Of 16,830,000 Shares Of Common Stock
Tuesday, 28 Nov 2017 04:10pm EST 

Nov 28 (Reuters) - Park Hotels & Resorts Inc ::PARK HOTELS & RESORTS INC. ANNOUNCES PRICING OF SECONDARY SALES OF 16,830,000 SHARES OF COMMON STOCK.PARK HOTELS & RESORTS - SOME SELLING STOCKHOLDERS AFFILIATED WITH BLACKSTONE INFORMED CO OF AGREEMENT TO SELL 16.8 MILLION SHARES OF CO.  Full Article

Cloverleaf Cold Storage announces recapitalization led by Blackstone
Monday, 13 Nov 2017 04:49pm EST 

Nov 13 (Reuters) - Blackstone Group Lp :Cloverleaf Cold Storage announces recapitalization led by Blackstone.Cloverleaf Cold Storage​- Terms ‍of transaction were not disclosed.Cloverleaf Cold Storage - Funds affiliated with Blackstone to make majority equity investment in co alongside existing family shareholders​.  Full Article

Park Hotels & Resorts announces secondary sales of up to 16,830,000 shares of common stock
Monday, 6 Nov 2017 04:04pm EST 

Nov 6 (Reuters) - Park Hotels & Resorts Inc :Park Hotels & Resorts Inc. announces secondary sales of up to 16,830,000 shares of common stock.Park Hotels & Resorts - ‍selling stockholders affiliated with Blackstone Group intend to sell up to 16.8 million of co's common shares.  Full Article

Blackstone Group LP Q3 2017 total revenues $1.75 billion versus $1.43 billion ‍​
Thursday, 19 Oct 2017 08:14am EDT 

Oct 19 (Reuters) - Blackstone Group LP :Blackstone Group LP Q3 2017 total revenues $1.75 billion versus $1.43 billion ‍​.Blackstone Group LP qtrly net income per unit $0.56‍​.Blackstone Group LP qtrly economic net income was $834 million, up 21 percent; qtrly economic net income per unit $0.69.Blackstone Group LP qtrly distributable earnings was $626 million, up 5 percent; qtrly distributable earnings per unit $0.52.Blackstone Group LP - inflows were $19.7 billion in the quarter, bringing the last twelve months inflows to$62.4 billion‍​.Blackstone group LP - total AUM increased 7% year-over-year to $387.4 billion at quarter-end.Blackstone Group LP - declared qtrly distribution of $0.44/common unit to record holders of common units at the close of business on October 30, 2017.Q3 earnings per share view $0.54, revenue view $1.40 billion -- Thomson Reuters I/B/E/S.  Full Article

Blackstone closes acquisition of Harvest Fund Advisors Llc
Monday, 16 Oct 2017 04:58pm EDT 

Oct 16 (Reuters) - Blackstone Group Lp :Blackstone closes acquisition of Harvest Fund Advisors Llc.  Full Article

Blackstone announces expiration of tender offer for its 6.625% senior notes
Monday, 2 Oct 2017 04:35pm EDT 

Oct 2 (Reuters) - Blackstone Group LP :Blackstone announces expiration and results of tender offer for any and all of its 6.625% senior notes due 2019.Blackstone Group LP - tender offer expired at 5:00 p.m., New York City time, on September 29, 2017.  Full Article

BRIEF-‍Infrared Capital Partners Sells £320 Mln Uk Industrial Portfolio To Blackstone​ Group

* ‍TO SELL PORTFOLIO OF UK LIGHT INDUSTRIAL ASSETS TO REAL ESTATE FUNDS MANAGED BY BLACKSTONE, M7 REAL ESTATE