GSK was offered a formal takeover bid priced more than a billion pounds for its soft drink brand Lucozade and Ribena by Blackstone and Lion Capital.
Tags: Blackstone
Blackstone, MBK seek Singapore IPO for Taiwan and India properties
Private equity companies Blackstone and MBK Partners are seeking for Singapore IPOs for the properties they individually own in Taiwan and India.
Private equity companies introduce open ended mutual funds
KKR and Blackstone started open ended mutual funds to attract individual investors. Kohlberg Kravis Roberts had introduced to individual investors an open-end mutual fund and now, one of the United States' biggest private equity firm, Blackstone is doing it too.
New program to enhance fight versus cyber threat
iSight Partners gets funding from Blackstone to unveil Cyber Risk Management System. iSIGHT Partners received new investment from asset management firm Blackstone to launch the Cyber Risk Management System (iCRMS).
AG Barr in talks with Blackstone and Lion Capital
Sources revealed that AG Barr could be buying GlaxoSmithKline's Ribena and Lucozade brands. IRN-BRU producer AG Barr continued to be silent yesterday over reports AG Barr would team up with private equity organisations Blackstone Group and Lion Capital to purchase the Ribena and Lucozade brands from pharmaceutical giant GlaxoSmithKline.
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According to sources, Blackstone is interviewing banks for the initial public offering of its shopping center company, Brixmor Property Group Inc.
Optus Satellite is being sold in an auction by owner SingTel to raise funds for its other corporate endeavors.
Credits Suisse sells off its buy and sell private equity fund to Blackstone for an undisclosed amount.
According to anonymous sources, Blackstone Group withdraws from Dell takeover bidding. And now it has come to one, as Blackstone Group LP has withdrawn from the race for the takeover of Dell Inc.
Thermo Fisher's bid for Life Technologies remained the best offer compared to an effort of buyout firms to put together a bid proposal.
Thermo Fisher, the largest scientific equipment and laboratory instruments manufacturer has sent a binding offer for Life Technologies, the genetics sequence market leader.
Sea World would be offered to the public via an IPO scheduled within the year. Sea World Parks and Entertainment, now owned by Blackstone Group LP, would be offering its shares at initial public offering at a price range between US$24 and US$27 per share.
Blackstone to pay off debts to recapitalize Multi Corp, the European real estate company. The real estate unit of Blackstone Group LP may wrest control of Multi Corp after its acquisitionof almost half of the corporate debt of the cash strapped shopping mall developer.
Ingham Chicken get bids from private equity firms. Final bids have been placed for Inghams Chicken, Australia's biggest poultry producer and two of the front runners are US private equity firms Blackstone Group LP and TPG Capital.
