Blackstone To Acquire Civica For Undisclosed Financial Terms

RTTNews | 435 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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European Economic News Preview: German Inflation, Unemployment Data Due

European Economic News Preview: German Inflation, Unemployment Data Due

Flash consumer prices, retail sales and unemployment figures from Germany and house prices from the UK are the top economic news due on Friday. At 2.00 am ET, the UK Nationwide house price data is due. Economists forecast house prices to grow 4.3 percent on a yearly basis in January following a 4.7 percent rise in December.
RTTNews | 5h 50min ago
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Friday, following the positive cues from Wall Street overnight, with markets in China, Hong Kong and Taiwan closed for Lunar New Year. The markets are also reacting positively to some domestic economic data from Japan and Australia. The markets are gaining from heavy buying in the tech space and firm metal prices that are pushing up mining stocks.
RTTNews | 7h 52min ago
Australian Market Halves Gains In Mid-market

Australian Market Halves Gains In Mid-market

The Australian stock market has halved its early gains in mid-market trading on Friday, but extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,500 level after hitting all-time highs, with gains is mining and technology stocks partially offset by weakness in financial stocks.
RTTNews | 8h 15min ago