Blackstone Group is reportedly planning to list India’s first retail properties-centred real estate investment trust (REIT) valued at about $2.2-2.5bn. The US-based private equity firm is planning to list the proposed REIT by mid-2022 after integrating and preparing...
Real estate private equity firm Rockpoint Group formed a joint venture with BEB Capital to invest as much as $1bn in U.S. industrial properties. The partners will focus on the Northeast, particularly Long Island, New York, where BEB is based. The venture already has...
The National Basketball Association’s (NBA) Atlanta Hawks are close to offloading a minority stake to US private equity firm Dyal HomeCourt Partners, according to Sportico. While it is unclear how big Dyal’s share would be, the sports business outlet reports that the...
Embraer SA’s Eve Urban Air Mobility unit will merge with Zanite Acquisition Corp. next year, the latest in a string of deals as flying-taxi startups seek capital from public markets. The transaction announced Tuesday includes $237 million in cash from Zanite, a...
The Columbus-based chemical company Hexion Holdings has agreed to be acquired by the New York private equity firm American Securities. American Securities will pay $30 a share for Hexion. The company did not say how many shares were outstanding, or the total value of... 