BlackRock sells €2.79bn Naturgy stake as Criteria lifts holding to $672m BlackRock has placed an 11.4% stake in Naturgy for €2.79bn, equivalent to approximately $3.07bn,
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Shares of Blue Owl Capital dropped below their $10 listing price, reflecting mounting investor worries over liquidity and exposure to technology companies potentially disrupted by artificial intelligence, according to a report by the Financial Times.
Continue readingBlackstone-led consortium submits non-binding cash offer for UK aerospace supplier Senior
TOP STORY: Senior Plc, the British aerospace component manufacturer, has received a non-binding cash offer from a consortium led by private investment major Blackstone, with Tinicum Inc as a partner, the company confirmed on Tuesday, according to a report by Bloomberg.
Continue readingAllianzGI and TotalEnergies commit $550m to German battery storage portfolio
AllianzGI and TotalEnergies commit $550m to German battery storage portfolio Allianz Global Investors has agreed to acquire a 50% stake in a portfolio of 11
Continue readingElliott commits additional $1bn to Pinterest, backs $3.5bn buyback plan
TOP STORY: Activist hedge fund Elliott Investment Management is set to invest a further $1bn in Pinterest, strengthening its position as the company’s largest shareholder and endorsing a newly announced $3.5bn share repurchase programme, according to a report by Reuters.
Continue readingHedge funds shift Abu Dhabi staff to remote work amid Gulf security concerns
Leading hedge funds including Brevan Howard, Marshall Wace and TCI Fund Management have instructed staff in Abu Dhabi to work from home as regional security risks escalate amid US-Israeli attacks on Iran, according to a report by Financial News London
Continue readingChina is set to kick off its big policy meeting. What will be the key announcements?
Chinese Premier Li Qiang is set to announce economic targets and policies for the year ahead on Thursday.
Continue readingWall Street playbook says buy when war breaks out. How this time could be different
The question this week is if oil could surge so high that the war is no longer viewed as a transient market issue and it dampens growth.
Continue readingBlackstone’s Gray: Market ‘noise’ fueled record redemptions from world’s largest private credit fund
Blackstone president Jon Gray defended the quality of loans within the firm’s flagship private credit fund.
Continue readingBlackstone consortium tables bid for $1.5bn UK aerospace supplier Senior
Blackstone consortium tables bid for $1.5bn UK aerospace supplier Senior Blackstone has joined a consortium that submitted a non-binding cash offer for Senior Plc, the
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