Blackstone Group Lp

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  Bankruptcies Are Booming In India, But Where Are The Judges?

  India's revamped bankruptcy process is in full swing and investors from Blackstone Group LP to Oaktree Capital Group LLC are salivating over an estimated $210 billion of stressed assets that are up for grabs. But the courtrooms handling the thousands of bankruptcies are lacking a key component: Judges.

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  UPL Explores Bid For Platform Specialty Agrochem Unit: Report

  The bid would challenge a rival offer for the unit by a private equity consortium of Blackstone Group LP and CVC Capital Partners Ltd, the sources said on Monday.

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  Blackstone To Buy TeamHealth For $6.1 Billion

  TeamHealth Holdings Inc said private equity firm Blackstone Group LP would buy it for $6.1 billion, in a deal meant to help the US hospital staffing company better cope with pricing pressure during a wave of consolidation.

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  Daily Mail In Talks With Partners For A Joint Bid For Yahoo

  Britain's Daily Mail is in talks with potential partners to mount a joint bid for Yahoo's internet assets, eyeing a plan to buy the troubled U.S. Internet pioneer to help boost advertising revenues from the Mail's globally popular online news site.

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  Blackstone Nears Deal To Buy HP Enterprise Stake In Mphasis: Report

  Blackstone Group LP is nearing a deal to acquire Hewlett Packard Enterprise's (HPE) controlling stake worth about $940 million in Indian IT outsourcing services provider MphasiS Ltd, according to three sources directly involved in the deal.

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  Blackstone Invests $170 Million in IBS Software

  US private equity firm Blackstone Group LP has bought a minority stake in India's IBS Software for $170 million from General Atlantic and other shareholders.

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  GE to Sell Bulk of Finance Unit, Return up to $90 Bn to Investors

  General Electric Co will shed most of its finance unit and return as much as $90 billion to shareholders as it becomes a "simpler" industrial business instead of an unwieldy hybrid of banking and manufacturing.

• Blackstone to Seek $13 Billion for Global Real Estate Fund: Report

  Blackstone, which derived 45 per cent of its earnings from real estate in the first nine months of 2014, has started preliminary conversations with potential investors about the new fund and expects marketing documents to be ready in the next few weeks, the people said.

• Kalyan Group in talks with investors to sell $200-$250 mn stake: report

  When contacted, Ramesh Kalyanaraman, executive director of Kalyan Group, told Reuters the company is in talks with various investors, but declined to name them or provide details.

• Blackstone, TPG offer $5.5 billion for Gates Global: report

  The deal would be one of the largest private equity transactions so far this year after Cerberus Capital last week announced the USD 9.1 billion purchase of supermarket Safeway, source said yesterday.

• Hilton Worldwide raises over $2.3 billion in biggest-ever hotel IPO

  Backed by private equity and real estate firm Blackstone Group LP, Hilton priced its shares at $20. The company and existing shareholders sold 117.6 million shares. They had offered 112.8 million shares at an expected range of $18 to $21.

• Blackstone to buy Agile Electric Works for $100 million: report

  Blackstone, known for large buyout deals globally, has made 16 private equity investments totalling $1.7 billion in India but only two of those were for a controlling stake, in a country where outright private equity buyouts are rare.

• MBIA, Bank of America reach $1.6 billion cash settlement

  The accord will settle all of the two companies' disputes, including liability for MBIA as a counterparty in swap deals with Bank of America. Bank of America will take a charge against previously reported first-quarter earnings and its capital ratios will rise under Basel III as a result of the deal.

• Dell investors may still gain after Blackstone pullout: report

  Dell shareholders could still stand to profit even after Blackstone Group LP withdrew its bid to buy the world's No. 3 personal computer maker more than a week ago, Barron's, a US financial magazine, said on Sunday.

• Dell shares at two-month low after Blackstone pulls out

  Dell Inc shares slid to a two-month low on Friday after private equity firm Blackstone Group LP withdrew its buyout bid, blaming a crumbling PC market for reduced financial forecasts at the world's No. 3 PC maker.