Blackstone
Blackstone reportedly to pay $4.8B for Aon unit
Blackstone has signed a deal to acquire the employee-benefits outsourcing business of international insurance brokerage Aon for $4.8 billion, people familiar with the matter said. The operation manages benefits for about 15% of the US […]
Blackstone and Anbang near a $2.3B deal
China’s Anbang Insurance Group is negotiating to pay Blackstone Group as much as $2.3 billion for a portfolio of residential properties in Japan, people familiar with the matter said. The transaction would be the biggest […]
Blackstone announced an agreement to invest $1.5B in a pair of drilling deals in West Texas
Blackstone yesterday announced an agreement to invest $1.5B in a pair of drilling deals in West Texas, and committed another $500M to a group which has just purchased 16K acres in another area of the […]
Blackstone looks to raise $5 billion for REIT
Blackstone Group said this week it is looking to move into the nontraded REIT market with a $5 billion fund. The announcement follows rule changes in the industry aimed at increasing transparency for nontraded REITs. […]
Private equity firms buy up distressed oil assets
Blackstone Group, Apollo Global Management and WL Ross all have invested in distressed US oil assets this year at discounted prices. Deals are picking up, in part, because the price of oil no longer is […]