“There’s an enormous deal coming next week and I think you should try to get a piece of it,” said Jim Cramer.» Read More
Oct 30- Shares of Brixmor Property Group Inc, a shopping center company owned by Blackstone Group LP, rose as much as 4 percent in their market debut as investors were drawn to the second-largest U.S. retail real estate company offering. The New York- based company's shares were up 2.5 percent at $20.49.
Oct 30- Shares of Brixmor Property Group Inc, a shopping center company owned by Blackstone Group LP, rose as much as 4 percent in their market debut, valuing the real estate investment trust at about $6.1 billion. The REIT raised $825 million on Tuesday after its initial public offering was priced at $20 per share, the mid-point of the range.
*Offering shares at 280 pence to 330 p each. LONDON, Oct 30- Madame Tussauds owner Merlin Entertainments expects to be valued at as much as 3.3 billion pounds when it makes its London stock market debut next month, the group said on Wednesday.
Oct 29- Brixmor Property Group Inc, a shopping center operator owned by Blackstone Group LP, priced its enlarged initial public offering at the midpoint of its expected range, raising $825 million in proceeds. It filed in September to take U.S. hotel operator Hilton Worldwide Inc public and also registered for an IPO of hotel chain Extended Stay America Inc..
*Creditors' committee formed by Pimco, BlackRock, others. RIO DE JANEIRO/ SAO PAULO, Oct 29- OGX Petróleo e Gas Participações SA, the cash-strapped Brazilian oil company controlled by former billionaire Eike Batista, said on Tuesday that debt restructuring talks with holders of $3.6 billion in bonds had ended with no agreement.
*Creditors' committee formed by Pimco, BlackRock, others. RIO DE JANEIRO/ SAO PAULO, Oct 29- Indebted Brazilian oil producer OGX Petróleo e Gas Participações SA said on Tuesday that talks with holders of $3.6 billion in bonds have ended without agreement, following months of negotiations over a potential debt restructuring.
SAO PAULO/ RIO DE JANEIRO/ NEW YORK, Oct 28- A ttempts to save Eike Batista's flagship oil company, the business most responsible for the meltdown of his once high-flying industrial empire, have been hampered by internal conflict and unpredictable decisions by the Brazilian tycoon, sources with direct knowledge of the situation told Reuters.
PE has been a winning bet for large public pensions, according to a new study.
Investors have poured over $20 billion into foreclosed properties over the last 3 years. Blackstone is about to offer bonds backed by the rent of its homes, reports CNBC's Diana Olick.
CNBC's Diana Olick reports that Blackstone will issue the first bonds backed by single-family rental homes in a $500 million deal.
NEW YORK, Oct 24- Apax Partners LLP is in advanced talks to acquire medical cost containment services company One Call Care Management Inc from Odyssey Investment Partners LLC for more than $2 billion, three people familiar with the matter said on Thursday.
Oct 23- Edward Andrews Homes, a single-family homebuilder and land developer, said it has teamed up with the real estate arm of Carlyle Group LP to build single-family homes, a sign of continuing private equity interest in the U.S. property market.
A recent court case has given the federal government a chance to sidestep Congress and end private equity's billion-dollar tax break. The NYT reports.
Cerberus and others are exploring a deal for Safeway, which could potentially shape up to be one of the largest buyouts since the financial crisis.
LONDON, Oct 21- Merlin Entertainments, whose attractions include the Madame Tussauds waxworks and Legoland theme parks, plans to sell at least 20 percent of its shares in a stock market debut in London next month.
LONDON, Oct 21- Merlin Entertainments, whose attractions include the Madame Tussauds waxworks and Legoland theme parks, plans to sell at least 20 percent of its shares in a stock market debut in London.
SAO PAULO, Oct 18- OGX Petróleo e Gas Participações SA, the ailing Brazilian oil producer controlled by tycoon Eike Batista, said on Friday it is in talks with potential investors for merger options that could include a capital injection.
NEW YORK, Oct 17- Brixmor Property Group Inc, a shopping center company owned by Blackstone Group LP and Blackstone's first property company to become publicly traded could raise more $905.6 million in its intitial public offering and value the company at more than $4.7 billion, according to regulatory filing on Thursday.
NEW YORK, Oct 17- Brixmor Property Group Inc, a shopping center company owned by Blackstone Group LP, said on Thursday it expected its initial public offering to be priced between $19 and $21 per share. Brixmor, which first filed for an IPO in July, is offering 37.5 million shares, according to a filing with the U.S. Securities and Exchange Commission.
*Q3 ENI/share 56 cents versus Street view of 55 cents. Oct 17- Blackstone Group LP, the largest publicly listed alternative asset manager, said on Thursday it had nearly $20 billion of its assets in companies that have filed to go public as it seeks to capitalize further on strong capital markets.