Blackstone pays £473m to join the warehouse party

Blackstone pays £473m to join the warehouse party

Blackstone has completed the largest warehouse investment purchase on record in Britain as demand is fuelled by the rise of online shopping. The American private equity group has bought a £473 million portfolio of warehouses around the country from Prologis, a New...
Carlyle earnings climb on strong growth in US, Asia

Carlyle earnings climb on strong growth in US, Asia

Carlyle’s third-quarter earnings jumped as the value of investments in some of the firm’s US and Asia buyout funds posted strong appreciation, but the amount of cash that could be distributed to shareholders fell. The Washington-based firm said net income...
Belgian Drugmaker in Talks on $800 Million Debt Deal

Belgian Drugmaker in Talks on $800 Million Debt Deal

Pharmaceuticals firm SERB plans to line up $800 million to finance an acquisition in the U.S. and may turn to direct lenders to fund part of the deal, according to three people with knowledge of the matter. The Brussels-based drug-maker, bought by private equity group...