Posts tagged: Blackstone

Blackstone preparing £1.2 billion counterbid for Hipgnosis, reveals Sky News

Saturday, 20 April 2024, 10:50 am

Mark "The Kleinmanator" Kleinman of Sky News has just popped up with a decent scoop about how Blackstone is weighing tabling a counter bid for Hipgnosis, the London-listed owner of songs by Blondie, the Red Hot Chili Peppers and the Kaiser Chiefs.

According to Kleiny, Blackstone has already table several offers for the Hipgnosis Songs Fund, including one offer at 82p a share and another at 88p. Below is a link to the Sky News report:..


Blackstone to purchase Apartment Income REIT for $10 billion, reveals the Wall Street Journal

Monday, 8 April 2024, 2:10 pm

The Wall Street Journal is on a bit of roll.

Today, the venerable newspaper revealed that private equity giant Blackstone is set to purchase upmarket flats owner Apartment Income REIT for around $10 billion or $39.12 a share in cash. And the deal was quickly confirmed following publication.

Below is the link the original WSJ piece:..


Blackstone said to be considering takeover bid for L'Occitane, reveals Bloomberg

Monday, 5 February 2024, 6:36 pm

Hacks at Bloomberg have dug out another decent scoop about Hong Kong-listed skin care group L'Occitane.

According to Bloomberg, the private equity giant has been considering preliminary due diligence as it evaluates a potential offer while also considering the possibility of teaming up with L'Occitane’s billionaire chairman Reinold Geiger on a buyout...


Betaville Intelligence

UNCOOKED ALERT: Adevinta ASA said to ... - Part 3

Wednesday, 22 November 2023, 9:34 am

So, Norwegian media group Adevinta ASA has finally confirmed the details of the EURO 14 billion takeover offer from a consortium led by American private equity house Blackstone. Below is a link to the details of the deal:


WPP rumoured to be a takeover target for Blackstone and Silver Lake, reports Kleinman in City AM

Thursday, 26 October 2023, 7:44 am

The old Kleinmanator is on fire!

This morning Mark "The Kleinmanator" Kleinman of Sky News reveals in is City AM column that WPP, the FTSE 100-listed advertising giant, has been at the centre of takeover rumours, suggesting American private equity firms Blackstone and Silver Lake are the two firms interested in buying the business. Below is the link to his piece:..


Betaville Intelligence

UNCOOKED ALERT: Adevinta ASA said to ... - Part 2

Friday, 22 September 2023, 10:07 am

I see Adevinta has confirmed little old Betaville's UNCOOKED Alert about the takeover rumours.

Off course arch rivals at Bloomberg are trying to claim the scoop because the financial media behemoth published its tale last night about Blackstone and Permira's interest a couple of hours before Adevinta released its statement. Below are the relevant links:..


The spinner, the rainmaker and the podcast ... - Part 2

Monday, 3 April 2023, 1:53 pm

So, perhaps Merve Metcalfe of Dean Street Advisors has a point after all.

His interview about cheap valuations and take privates of British conmpanies on the Powerscourt Friday Fix podcast series went out on a Friday and by Monday morning American private equity giant Blackstone had announced the £500 million purchase of London-listed property company Industrials REIT.

Metcalfe, though, doesn't appear to have any involvement with that deal...