Blackstone Real Estate Acquires Bluerock Residential Growth In $3.6 Bln All-cash Deal
(RTTNews) - Blackstone, Inc. (BX) announced Thursday that affiliates of Blackstone Real Estate have completed the previously announced acquisition of Bluerock Residential Growth REIT, Inc. for $24.25 per share in an all-cash transaction valued at $3.6 billion.
Bluerock has also completed the previously announced spin-off of its single-family rental business into an externally managed, real estate investment trust, Bluerock Homes Trust, Inc. (BHM). BHM began trading on the New York Stock Exchange American this morning.
In December 2021, Bluerock Residential Growth agreed to be acquired by Blackstone Real Estate.
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Blackstone To Acquire Majority Stake In Priority Software For Undisclosed Terms
Blackstone, Inc. (BX) announced Thursday that Blackstone Growth and affiliated funds have entered into a definitive agreement to acquire a majority stake in Priority Software, a leading provider of mission-critical business software. The terms of the deal were not disclosed.
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185 dias atrás
Blackstone To Acquire Civica For Undisclosed Financial Terms
Alternative asset manager Blackstone, Inc. (BX) announced Wednesday that private equity funds managed by its affiliates have entered into a definitive agreement to acquire software company Civica, from private markets firm Partners Group, acting on behalf of its clients.
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361 dias atrás
Prologis To Acquire About 14 Mln Sq. Ft. Of Blackstone Industrial Portfolio In $3.1 Bln Cash Deal
Prologis, Inc. (PLD) and Blackstone (BX) announced Monday a definitive agreement for Prologis to acquire nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with Blackstone for $3.1 billion in cash.
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510 dias atrás
Japan Core Machinery Order Data Due On Monday
Japan will on Monday release September figures for core machine orders, highlighting a modest day for Asia-Pacific economic activity. In August, orders were down 1.9 percent on month and 3.4 percent on year.
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5h 10min atrás
New Zealand Performance Of Services Index Improves To 46.0 - BusinessNZ
The services sector in New Zealand continued to contract in October, albeit at a slower pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 46.0.
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5h 51min atrás
Canadian Market Settles Lower; TSX Sheds 0.6%
The Canadian market ended notably lower on Friday, weighed down by losses in energy, industrials and materials sectors, and on uncertainty about Federal Reserve's interest rate trajectory.
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2 dias atrás
Dollar Turns In Mixed Performance Against Major Counterparts
The U.S. dollar turned in a sluggish performance on Friday with investors assessing the Federal Reserve's likely moves with regard to interest rate reductions in the wake of most recent economic data, and Fed Chair Jerome Powell's somewhat hawkish comments.
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2 dias atrás
Canadian Shares Notably Lower
The Canadian market is down in negative territory Friday afternoon with stocks from several sectors reeling under sustained selling pressure amid uncertainty about U.S. interest rate cuts after dovish comments from Fed Chair Jerome Powell.
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2 dias atrás
