Blackstone

Kerry Properties Pays $2.1 Billion For China Land Rights As Healthy Developers Keep Buying

Finance / By

The Bund Bull statue in Shanghai yesterday. A wall of maturing debt and a surge in seasonal demand … [+] for cash will test China’s financial markets this month. Photographer: Qilai Shen/Bloomberg © 2022 Bloomberg Finance LP Huge debts and plunging shares at big China property industry developers such as China Evergrande Group have captured …

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Blackstone Revives Takeover Bid For Billionaire James Packer’s Crown Resorts In Deal Valued At $6.2 Billion

Finance / By

Australian billionaire James Packer. Scott Barbour/Getty Images Blackstone Group has revived its takeover offer for Crown Resorts—controlled by Australian billionaire James Packer—just weeks after Australian regulators placed the company under government supervision to undertake reforms to stamp out money laundering at its casino. The U.S. private equity giant offered to buy Crown in a deal …

Blackstone Revives Takeover Bid For Billionaire James Packer’s Crown Resorts In Deal Valued At $6.2 Billion Read More »