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Thyssenkrupp shortlists two PE groups for $17-bn elevator deal

Manufacturing

18 February, 2020

Thyssenkrupp shortlists two PE groups for $17-bn elevator deal

Germany's Thyssenkrupp has shortlisted two private equity consortia in the sale of its 16 billion euro ($17 billion) elevator unit, ......

Blackstone gets court nod to buy Hyderabad Trident hotel under insolvency

Infrastructure

14 February, 2020

Blackstone gets court nod to buy Hyderabad Trident hotel under insolvency

Private equity giant Blackstone Group Inc. has received court approval to acquire a debt-laden Trident hotel in Hyderabad for Rs ......

KKR raises $1.3 bn for global impact investing fund

Finance

12 February, 2020

KKR raises $1.3 bn for global impact investing fund

Private equity firm KKR & Co. Inc has raised $1.3 billion for a global impact fund, as it joins peers ......

Blackstone, Carlyle, CPPIB make joint bid for Thyssenkrupp's lift unit

Manufacturing

12 February, 2020

Blackstone, Carlyle, CPPIB make joint bid for Thyssenkrupp's lift unit

A consortium consisting of Blackstone, Carlyle and the Canada Pension Plan Investment Board has made a roughly 16 billion euro ......

Goldman Sachs to raise $8 bn for new buyout fund

Finance

07 February, 2020

Goldman Sachs to raise $8 bn for new buyout fund

Goldman Sachs Group Inc plans to raise $8 billion in only its second buyout fund since the 2008 financial crisis, ......

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How Blackstone quietly exited legacy India bets with a rare synthetic secondary deal

Finance

04 February, 2020

How Blackstone quietly exited legacy India bets with a rare synthetic secondary deal

Blackstone has had a mixed legacy since it began investing in India around 15 years ago. It began with picking ......

KKR's fourth-quarter profit drops by nearly a fifth

Finance

03 February, 2020

KKR's fourth-quarter profit drops by nearly a fifth

U.S. private equity firm KKR & Co Inc said on Friday fourth-quarter after-tax distributable earnings fell 18%, owing to a ......

Indiabulls to take over some Embassy projects in Blackstone-backed deal

Infrastructure

31 January, 2020

Indiabulls to take over some Embassy projects in Blackstone-backed deal

IndiaBulls Real Estate Ltd said on Friday it will merge with itself some housing and office projects of Embassy Property ......

Blackstone quarterly profit rises on asset sales, fee revenue

Finance

31 January, 2020

Blackstone quarterly profit rises on asset sales, fee revenue

Blackstone Group Inc, the world's largest alternative asset manager, said on Thursday fourth-quarter distributable earnings rose 27% year-on-year, as strong ......

Kone offers $19 bn for Thyssenkrupp's elevator business

Manufacturing

29 January, 2020

Kone offers $19 bn for Thyssenkrupp's elevator business

Finland's Kone has offered about 17 billion euros ($18.9 billion) for Thyssenkrupp's elevator unit, the highest bid so far, drawing ......