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Stock Market & Financial Investment News

News Breaks
April 4, 2014
17:27 EDTBXBlackstone to acquire Gates Global for $5.4B
Onex Corporation and its affiliates and Canada Pension Plan Investment Board announced they have agreed to sell Gates Corporation to private equity funds affiliated with Blackstone for $5.4B. The sale is expected to close later this year and is subject to customary closing conditions and regulatory approvals. Proceeds from the sale of Gates alone to the Onex Group, including co- investors, will be approximately $2B, of which Onex Corporation's share will be approximately $550M, including carried interest.
News For BX From The Last 14 Days
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October 29, 2014
09:23 EDTBXBlackstone to acquire Philadelphia Financial Group from Tiptree
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October 21, 2014
08:33 EDTBXBlackstone, Solops management team announce partnership
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