Tag: blackstone

Blackstone Shines Again In 3Q

Blackstone Shines Again In 3Q

Blackstone has recorded substantial YoY growth for the third quarter running, logging attributable net income of $384.6 million (a 19% improvement compared to 3Q 2016) and economic net income of $834 million (up 21% YoY). That ENI equates to about […]

Blackstone, CVC Strike $3.9B Payments Pact

Blackstone, CVC Strike $3.9B Payments Pact

Uber may see big dip in valuation Two weeks after first bidding for the online-payments processor, Blackstone and CVC Capital Partners have agreed to purchase Paysafe for £2.96 billion, or about $3.9 billion. Consummation of the deal is the latest […]

Blackstone Could Back Hackers In $1 Billion Deal

Blackstone Could Back Hackers In $1 Billion Deal

In an ongoing flurry of cybersecurity deals, investors around the world have been committing more and more money to businesses working to keep hackers out of secure systems. With its latest investment, Blackstone asks: What about the companies trying to […]

Blackstone Continues Dealmaking Spree

Blackstone Continues Dealmaking Spree

Blackstone CEO Stephen Schwarzman recently expressed frustration with the private equity giant’s flat stock price, but he still has plenty to be happy about. The firm has churned out deals at a frenzied pace of late, with 39 completed transactions […]

Blackstone Agrees To Two Major Deals

Blackstone Agrees To Two Major Deals

Blackstone has agreed to merge its Rhodia Acetow business with the cellulose acetate unit of Celanese (NYSE: CE), with Celanese receiving about $1.6 billion in the deal through a dividend. The transaction will create a global provider of a material […]