The Blackstone Group LP has invested 2.43 billion rupees ($43.69 million) to buy a significant minority stake in unlisted Indian fragrance maker SH Kelkar & Company.
Tags: Blackstone Group
Blackstone to undertake due diligence on Dell
Blackstone to do due diligence on Dell. A contingent from the Blackstone Group would be visiting Dell's corporate headquarters on Monday to conduct a proper due diligence on the company according to anonymous sources.
UPDATE - Dell Fires Back on Risk of Remaining Public
Through a proxy statement, Silver Lake and Michael Dell extolled the virtues of their bid as against the offers of Icahn and Blackstone.
Dell Founder to Increase Offer
Dell is now hunkering down to make a better and higher offer than others have made for the company he had founded.
Dell's Special Committee Evaluating New Bids
Dell reviewing Icahn and Blackstone offers against the Silver Lake/Dell offer. Currently, the special committee of the Board of Directors of Dell Inc is reviewing the takeover bids submitted by the Blackstone Group and billionaire Carl Icahn.
Latest News
News and developments in Asia private equity from Reuters News for the week ending August 31. News and developments in Asia private equity from Reuters News for the week ending August 31.
The $83 billion State of Wisconsin Investment Board last month sold $1 billion worth of funds. The $83 billion State of Wisconsin Investment Board last month sold $1 billion worth of funds, at least three of them managed by publicly listed private equity firms, in part because those firms could no longer demonstrate that the pension fund's interests came first.
Private equity firm Blackstone Group and Taiwan's Wei family are seeking to raise $282 million in five-year debt.
Chief Executive Stephen Schwarzman was looking for more than just a business unit chief. When Blackstone Group LP named a new global head of private equity last month, Chief Executive Stephen Schwarzman was looking for more than just a business unit chief.
A number of bidders have emerged for the coating resins business of Cytec Industries Inc that could raise up to $1.3 billion.
Michaels Stores Inc (MIK.N), North America's largest arts and crafts retailer, reported same-store sales rose 2.9 percent in the second quarter.
Funds run by Blackstone Group LP have sold about 20 percent of its shares of mall owner General Growth Properties Inc at $18.45 a share.
Bankers are preparing debt packages to back a buyout of UK-based United Biscuits' salty snack business which is expected to go up for sale in September and fetch around 500 million pounds ($776 million).
A private equity consortium is aiming to scoop-up lab-testing company, Laboratory Corporation of America Holdings in a huge leveraged buyout and take it private.
