Blackstone Group

Investor groups said to be vying for $9.65 billion in U.S. property loans held by Anglo Irish Bank include those led by Blackstone Group (NYSE: BX), Centerbridge Capital Partners, TPG Capital and Cerberus Capital Management. The deadline for bids was yesterday. The Dublin-based bank was...

Blackstone Group (NYSE: BX) has signed a definitive agreement to take health-care payment services company Emdeon (NYSE: EM) private in a transaction valued at about $3 billion. Blackstone will pay $19 a share for the Nashville, Tenn., company; the stock closed Thursday at $18.35. Debt financing...

Citi has published a report on the Blackstone Group (NYSE: BX) raising the target price from $22 to $24. In the report, Citi wrote, "We raise our 2011-13 ENI estimates following sharply better than forecast 2Q (see our 7/21 note, 2Q11 Initial Look -- Gangbusters After All; Favorite Alts Name) +...

Private equity firm Blackstone Group (NYSE: BX) has agreed to purchase a 40% stake in Tangerine Confectionery from Growth Capital Partners. The value of the deal was not disclosed. Blackpool-based Tangerine is the largest independent manufacturer of sugar confectionery and popcorn in the United...

Royal Bank of Scotland Group (NYSE: RBS) has agreed to sell a 25% stake in its 1.4 billion pound ($2.3 billion) UK commercial real estate loan portfolio to private equity firm Blackstone Group (NYSE: BX). Blackstone will also take over the management of the assets, in an attempt to recover as...

Vanguard Health Systems, a hospital operator controlled by Blackstone Group (NYSE: BX), managed to raise just $450 million Tuesday in its initial public offering, which was 22% less than it had sought. After LinkedIn (NYSE: LKND) and Pandora Media (NYSE: P) fell 29% and 16%, respectively,...

Blackstone Group (NYSE: BX), the world's biggest private-equity firm, has yet to invest in Russia. But on Friday CEO Stephen Schwarzman said at the St. Petersburg International Economic Forum that the firm may invest in a new fund being set up by Russian President Dmitry Medvedev to spur foreign...

Private equity companies Blackstone Group (NYSE: BX), Apax Partners, TPG Capital and Carlyle Group reportedly have expressed interest in purchasing a stake in Reliance Communications' mobile-phone towers unit, according to people familiar with the matter. TPG and Carlyle are among those in talks...

Reuters is reporting that private equity firm The Carlyle Group will soon take HCR ManorCare public in an offering that could raise as much as $500 million. The company is expected to file IPO registration paperwork with the U.S. Securities and Exchange Commission within the next month. The IPO...

Citigroup has changed the price target on the following companies: AllianceBernstein (NYSE: AB) From $20.00 to $19.00 Affiliated Managers Group (NYSE: AMG) From $128.00 to $122.00 Apollo Global Management (NASDAQ: APO) From $24.00 to $23.00 Artio Global Investors (NYSE: ART) From $16.00 to $...

Comcast Corp. (NASDAQ: CMCSA) plans to purchase Blackstone Group's (NYSE: BX) stake in Universal Orlando, sources familiar with the situation said Tuesday. Comcast is expected to pay between $1 billion and $1.5 billion for Blackstone's half of the theme park. In March, Blackstone offered to sell...

Reuters is reporting that, in the next month, private equity firm Carlyle Group will select banks to underwrite its planned initial public offering. Carlyle hopes to file its IPO prospectus with the Securities and Exchange Commission in the third quarter, according to sources familiar with the...

As takeover targets become scarce, Carlyle Group, KKR (NYSE: KKR) and other buyout specialists are becoming asset managers that run hedge funds and strip malls, according to a report in Bloomberg. Blackstone Group (NYSE: BX), the largest private-equity firm, earns twice as much from owning office...

Goldman Sachs (NYSE: GS) has tapped Johan van Jaarsveld from Blackstone Group (NYSE: BX) to head a newly created team advising mining and metals companies in Asia outside Japan, according to a report in the San Francisco Chronicle. Mergers among metals and mining companies in the Asia-Pacific...

Privately owned Michaels Stores reported that its fiscal first-quarter earnings nearly tripled due to lower expenses and improved sales and margins. For the three months that ended in April, Michaels posted earnings of $37 million, compared to $13 million a year earlier. Revenues grew 5.7% to $953...