Blackstone To Acquire Civica For Undisclosed Financial Terms

RTTNews | 501 days ago
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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Asian Markets A Blood Bath Amid Global Trade War

Asian Markets A Blood Bath Amid Global Trade War

Asian stock markets are in a blood bath on Monday, following the broadly negative cues from Wall Street on Friday, amid ongoing concerns about a global trade war after China announced retaliatory tariffs on U.S. goods in reaction to U.S. President Donald Trump's new levies that could fuel inflation and damage the global economy. Asian markets closed mostly lower on Friday.
RTTNews | 4h 14min ago
Australian Market Halves Early Sharp Losses In Mid-market

Australian Market Halves Early Sharp Losses In Mid-market

The Australian stock market is nearly halving its early sharp losses in mid-market trading on Monday, extending the sharp losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is tumbling almost 4 percent to below the 7,4000 level, with strong losses across all sectors led by mining and energy stocks.
RTTNews | 4h 48min ago
Japanese Market Plummeting More Than 6%

Japanese Market Plummeting More Than 6%

The Japanese stock market is plummeting on Monday, extend the sharp losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 tumbling more than 6 percent to below the 31,600 level, with strong losses across all sectors led by index heavyweights, technology and financial stocks amid the global trade war ignited by the U.S.
RTTNews | 6h 2min ago
Hong Kong Shares May Take Further Damage On Monday

Hong Kong Shares May Take Further Damage On Monday

Ahead of Friday's holiday for Tomb Sweeping Day, the Hong Kong stock market had moved lower in back-to-back sessions, dropping almost 360 points or 1.6 percent along the way. The Hang Seng Index now sits just beneath the 22,850-point plateau and it's expected to open under water again on Monday.
RTTNews | 6h 18min ago