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Blackstone To Acquire Civica For Undisclosed Financial Terms
(RTTNews) - 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.
The Financial terms of the transaction were not disclosed. The transaction is expected to close in Q2 2024, subject to regulatory approvals.
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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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328 days ago
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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653 days ago
Blackstone Real Estate Acquires Bluerock Residential Growth In $3.6 Bln All-cash Deal
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.
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916 days ago
U.S. Wholesale Inventories Rise In Line With Estimates In February
Wholesale inventories in the U.S. increased in line with economist estimates in the month of February, according to a report released by the Commerce Department on Wednesday. The Commerce Department said wholesale inventories rose by 0.3 percent in February, matching the preliminary estimate as well as economist expectations. Wholesale inventories climbed by 0.8 percent in January.
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31 minutes ago
Pizza Hut Launches Pizza Caviar
Pizza Hut, a unit of Yum! Brands, Inc., is launching Pizza Caviar, a first-of-its-kind innovation of caviar made with pepperoni-flavored water and agar agar based caviar-style pearls. According to the firm, its bite-sized Pizza Caviar pearls, inspired by the rise of "caviar bumps", are made to taste like pepperoni and designed for dipping, dunking, and bumping.
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1h 55min ago
Bay Street Likely To Start On Weak Note
Canadian shares look headed for a weak start on Wednesday after U.S. President Donald Trump pushed ahead with higher duties on roughly 60 trading partners that he dubbed the "worst offenders."
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2h 39min ago
Delta Stock Up On Q1 Results Above Market; Withdraws FY25 View
Shares of Delta Air Lines Inc. were gaining around 4 percent in the pre-market activity on the NYSE after the airline reported Wednesday higher first-quarter results, above market estimates. The company also issued second-quarter outlook, and said it is not reaffirming or updating its previously given outlook for fiscal 2025 due to the lack of economic clarity.
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3h 30min ago
FTSE 100 Drops 3.5% As Selling Resumes
After snapping a four-day losing streak on Tuesday, U.K. stocks have tumbled on Wednesday amid concerns about growth following U.S. President Donald Trump's sweeping tariffs, including a 20% levy on European Union imports becoming effective today.
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3h 51min ago
