Johnson & Johnson received numerous preliminary offers from hedge funds interested in acquiring its Ortho Clinical Diagnostics unit, said a Reuters report.
Tags: Blackstone
Three bidders remain for Johnson & Johnson's diagnostic unit- sources
Only three potential buyers from at least five who expressed initial interest were left to bid for the Ortho Clinical Diagnostics business of healthcare firm Johnson & Johnson, according to sources interviewed by Bloomberg.
China Investment Corp, Blackstone close to agreement on Chiswick Park- FT report
A report from the Financial Times said China Investment Corporation was nearing a deal to buy Chiswick Park from Blackstone.
Bidding for J&J's Ortho Clinical Diagnostics unit heats up
Many private equity firms and partnerships are in the process of formulating their bids for diagnostic unit of Johnson&Johnson.
Blackstone becomes largest owner of rental properties
As it bought out properties post recession at 35% below market value, Blackstone had accumulated assets for rent to grow into a mature industry.
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Blackstone Group LP had been in talks to sell its stake in a New Delhi based property valued USD40 million, said sources.
Hersha Hospitality agreed to sell 16 of its properties to a Blackstone Group affiliate. An affiliate of the Blackstone Group LP had agreed to purchase 16 hotels from the Hersha Hospitality Trust for the amount of USD217 million.
Rothesay Life Insurance, the British insurance operations of Goldman Sachs Group, had agreed to sell 30% shareholdings to GIC and Blackstone.
Blackstone finalized a settlement with its investors over alleged misrepresentations during its IPO.
China Resources submitted an offer to buy ParknShop, the Hong Kong supermarket chain. China Resouces placed its own bid to acquire ParknShop, said the group's Chief Financial Officer Frank Lai.
Blackstone Group LP agreed to sell its 50% stake in the Broadgate office complex valued GBP1.7 billion according to sources familiar with the deal.
A group of investors led by Alan Hughes stated that they are prepared to purchase 315 bank branches for GBP1 billion from the Royal Bank of Scotland.
A survey by Jones Lang LaSalle reported that private equity investments into Europe by large funds have reached their highest levels since 2007.
Sources said that Blackstone and Apollo are among the private equity firms that are interested in buying Spanish banks' troubled real estate business units.
