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Stock Market & Financial Investment News

News Breaks
March 11, 2014
10:30 EDTBXBlackstone to acquire majority stake in Accuvant
Accuvant announced that it has reached a definitive agreement under which Blackstone will acquire a majority stake in Accuvant as part of their private equity portfolio. Accuvant management and existing shareholder Sverica International LLC, a private equity investment firm, will invest alongside Blackstone in the transaction. Financial terms of the transaction are not being disclosed. The transaction is expected to close in April pending relevant regulatory approvals.
News For BX From The Last 14 Days
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August 29, 2014
15:13 EDTBXQuirky drops out of bidding to buy appliance unit from GE, Bloomberg says
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August 28, 2014
15:30 EDTBXBlackstone planning NYC tower sale for over $2B, Bloomberg says
Blackstone (BX) has hired Eastdil Secured to market 1095 Avenue of the Americas, which will soon be the headquarters of Verizon (VZ), and the NYC building may sell for about $2.25B, according to Bloomberg, citing people familiar with the matter. Reference Link
15:25 EDTBXBlackstone planning NYC tower sale for over $2B, Bloomberg says
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August 22, 2014
06:54 EDTBXBlackstone using loophole in European loan rules, Reuters says
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06:42 EDTBXBlackstone in discussions to back China-based fund, Bloomberg says
Blackstone (BX) is in discussions to possibly back Hong Kong-based distressed fund, Arkkan Capital Management, which was founded by the former global leader of Goldman Sachs' (GS) special situations division Jason Brown, according to Bloomberg, citing two people with knowledge of the matter. Reference Link
August 18, 2014
06:43 EDTBXReport says Blackstone, TPG near Kensington takeover deal, Sky News says
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