(Reuters) - LONDON, July 23 - U.S.-based private equity firm
Blackstone Group appears to have killed three birds with
one stone by selling a nearly 10 percent stake to China for $3
billion in May.
Not only did it find a wealthy new investor and position
itself for deals in the world's most populous nation, but also
the deal raised the profile of its M&A advisory business by
leading to a highly visible role of advising the Chinese
government on the acquisition of a stake in Barclays .
Read more at Reuters.com Mergers News
Blackstone Group appears to have killed three birds with
one stone by selling a nearly 10 percent stake to China for $3
billion in May.
Not only did it find a wealthy new investor and position
itself for deals in the world's most populous nation, but also
the deal raised the profile of its M&A advisory business by
leading to a highly visible role of advising the Chinese
government on the acquisition of a stake in Barclays .
Read more at Reuters.com Mergers News
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