(Reuters) - In a filing with the U.S. Securities and Exchange Commission, Blackstone said it planned to offer 133.3 million common units at $29 and $31 each, generating proceeds of $3.87 billion to $4.13 billion.
Blackstone said an additional 20 million units might be offered, making the possible maximum IPO size to $4.75 billion. The China stake would be at a 4.5 percent discount to the IPO price. Beijing would hold its shares for at least four years.
Read more at Reuters.com Mergers News
Blackstone said an additional 20 million units might be offered, making the possible maximum IPO size to $4.75 billion. The China stake would be at a 4.5 percent discount to the IPO price. Beijing would hold its shares for at least four years.
Read more at Reuters.com Mergers News
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