Blackstone to buy Home Partners of America in $6bn deal

Blackstone to buy Home Partners of America in $6bn deal

Blackstone Group has agreed to acquire Home Partners of America, which acquires and rents single-family homes, in a $6bn deal, the private-equity firm said on Tuesday. The U.S. housing sector has become red hot, boosted by a strong economic recovery, ultra-low...
Splunk receives $1 bln investment from Silver Lake

Splunk receives $1 bln investment from Silver Lake

Splunk said on Tuesday that it had received $1bn in investment from private equity firm Silver Lake, triggering an 8% jump in shares of the data analytics software firm in premarket trading. Silver Lake will invest the amount in convertible notes and its chairman, Ken...