Blackstone Inc.

American alternative investment company

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2024 Retained the top spot in Private Equity International's PEI 300 ranking.
November 2024 Blackstone acquired four retail buildings in Soho, Manhattan for approximately $200 million from ASB Real Estate Investments, marking the largest Manhattan retail deal in over three years.
November 19 2024 Blackstone announced it is acquiring Jersey Mike's Subs, with the transaction expected to close in early 2025.
April 2024 Blackstone made a $1.57 billion offer to acquire British music IP investment and song management company Hipgnosis Songs Fund, which was completed in July.
February 2024 Blackstone acquired online pet marketplace Rover.com for $2.3 billion in an all-cash deal.
2023 Regained the top spot in Private Equity International's PEI 300 ranking as the world's largest private equity firm.
December 2023 Blackstone announced its plan to completely divest its 23.59% stake in Embassy Office Parks, a strategic exit valued at $833 million, four years after the REIT's initial listing.
October 2023 Blackstone divested its stake in Hotel Investment Partners (HIP) to the Singaporean sovereign wealth fund GIC, with GIC acquiring a 35% stake in the company at a valuation over €4 billion.
May 2023 Blackstone entered into an agreement to sell its stake in IBS Software, a Kerala-based SaaS provider, to global private equity firm Apax for $450 million.
2022 Dropped to second place in Private Equity International's PEI 300 ranking, behind KKR.
December 1 2022 Blackstone restricted withdrawals from its $125 billion real estate investment fund BREIT due to a surge in investor redemption requests.
April 2022 Blackstone agreed to acquire American Campus Communities, Inc. for nearly $13 billion.
February 14 2022 Crown Resorts accepted Blackstone's takeover offer of $6.6 billion for 90% of shares outstanding.
October 2021 Blackstone Group acquired a majority stake of Spanx, Inc. for $1.2 billion, with an all-female investment team and board of directors.
March 2021 Blackstone made a $6.2 billion takeover bid for Australian casino operator Crown Resorts, offering a 20% premium to its closing share price.
August 2020 Blackstone announced purchase of a majority stake in Ancestry.com for $4.7 billion (including debt).
2019 Motel 6, owned by Blackstone, settled another case involving warrantless disclosure of guest lists to U.S. Immigration and Customs Enforcement (ICE), bringing the total settlement amount to $19.6 million.
November 8 2019 Blackstone Group acquired a majority stake in MagicLab, the owner of dating app Bumble.
October 2019 Blackstone withdrew from the controversial Frederiksberg apartment purchase agreement following resident resistance and questions about the agreement's legality.
June 2019 Blackstone, along with Canada Pension Plan Investment Board and KIRKBI, bought Merlin Entertainment (owners of Legoland) for £5.9 billion (about $7.5 billion).
2018 Motel 6, owned by Blackstone, settled a case involving warrantless disclosure of guest lists to U.S. Immigration and Customs Enforcement (ICE).
2018 Controversy arose over Blackstone's purchase agreement for several hundred apartments in Frederiksberg, Denmark, involving its partner North 360 and Frederiksberg Boligfond.
October 2018 Blackstone launched Refinitiv, resulting from its 55% stake in Thomson Reuters Financial and Risk business.
January 2018 Blackstone announced acquisition of 55% of Thomson Reuters Financial & Risk unit for $20 billion.
January 2018 Blackstone acquired Pure Industrial, a Canadian real estate investment trust for C$2.5 billion.
June 19 2017 Blackstone acquired a majority interest in The Office Group, valuing the company at $640 million.
February 10 2017 Blackstone acquired Alight Solutions from Aon PLC for $4.3 billion, creating a new human resources outsourcing platform.
January 4 2017 Blackstone acquired SESAC, a music-rights organization.
April 2016 Blackstone acquired 84 percent of Hewlett-Packard Enterprise's stake in the Indian IT services firm Mphasis.
February 2016 Blackstone sold four office buildings to Douglas Emmett for $1.34 billion.
January 2016 Blackstone Real Estate Partners VIII L.P. acquired BioMed Realty Trust for $8 billion.
November 2015 Blackstone agreed to sell facility management firm GCA Services Group to Goldman Sachs and Thomas H. Lee Partners.
July 2015 Blackstone acquired Excel Trust, a real estate investment trust, for around $2 billion.
June 2015 Blackstone acquired the Willis Tower in Chicago for $1.3 billion.
January 2015 Blackstone Real Estate Partners VI announced the sale of Gold Fields House in Sydney to Dalian Wanda Group for A$415 million.
2014 Blackstone sold Northern California office buildings for $3.5 billion, including 26 office buildings and two development parcels in San Francisco and Silicon Valley.
August 2014 Blackstone Energy Partners acquired Shell Oil's 50% stake in a shale-gas field in the Haynesville Shale for $1.2 billion.
May 2014 Blackstone Group acquired the Cosmopolitan of Las Vegas resort from Deutsche Bank for $1.73 billion.
April 2014 Blackstone Charitable Foundation donated $4 million to create the Blackstone Entrepreneurs Network in Colorado.
February 2014 Blackstone purchased a 20% stake in the Italian luxury brand Versace for €150 million.
September 2013 Blackstone announced a strategic investment in ThoughtFocus Technologies LLC, an information technology service provider.
August 2013 Blackstone acquired Strategic Partners, a secondary funds manager, from Credit Suisse.
June 2013 Blackstone Real Estate Partners VII acquired an industrial portfolio from First Potomac Realty Trust for $241.5 million.
February 2013 Blackstone flipped 2GIG Technologies to Nortek Security & Control, LLC for $135 million.
2012 Blackstone acquired a controlling interest in Vivint, Inc., a Utah-based home automation, security, and energy company.
2012 Blackstone sold Alliant Insurance Services to Kohlberg Kravis Roberts.
November 2012 Blackstone acquired a controlling interest in Vivint, Vivint Solar, and 2GIG Technologies.
October 2012 Blackstone acquired G6 Hospitality, operator of Motel 6 & Studio 6 motels from AccorHotels, for $1.9 billion.
August 2012 Blackstone was part of a consortium that financed Knight Capital after a software glitch threatened its operations.
2011 Blackstone Group LP acquired Jack Wolfskin, a German camping equipment company.

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