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Blackstone Said Exploring Sale of $11 Billion Logicor Warehouses

2016-05-19 18:58:00| National Real Estate Investor

Dalia Fahmy and Ruth David Blackstone Group LP is exploring a sale of its European industrial-property unit Logicor in a deal that could value the company at more than 10 billion euros ($11 billion). read more

Tags: sale billion exploring warehouses

Blackstone Said to Abandon Expansion Into Online Consumer Loans

2016-05-12 17:47:00| National Real Estate Investor

Heather Perlberg New York-based Blackstone started B2R in 2013 to finance investors in the growing market for single-family home rentals. read more

Tags: online consumer expansion loans

HPE to sell majority stake in Indian IT services provider Mphasis to Blackstone

2016-04-04 10:01:22| IT Services - Topix.net

Hewlett Packard Enterprise is to sell its majority stake in Indian IT services provider Mphasis to Blackstone Group, in a deal that will help the Palo Alto, California, company raise capital as well as continue to get services delivered from India. HPE said the purchase by Blackstone of its shares at rupees 430 a share values its 60.5 percent stake at about US$825 million.

Tags: to services sell provider

HPE sells Mphasis stake to Blackstone

2016-04-04 09:11:00| Telecompaper Headlines

(Telecompaper) Hewlett Packard Enterprise said it has agreed to its equity stake in Bangalore IT services Mphasis to the Blackstone Group. Blackstones has agreed to purchase at least 84 percent of HPE's stake in Mphasis for INR 430 per share. The private investor group will also buy the maximum amount of the remaining 16 percent stake that is permitted by Indian securities laws, subject to the outcome of a mandatory tender offer between signing and closing.

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