Blackstone Nears $2 Billion India Property Deal With Prestige

Blackstone Nears $2 Billion India Property Deal With Prestige

Blackstone Group Inc. is nearing a deal to buy an Indian developer’s commercial properties for about $2 billion, according to people with knowledge of the matter. The U.S. private equity group is in advanced talks to acquire Prestige Estates Projects Ltd.’s...
Nestle kicks off $5 billion sale of Pure Life, other water brands

Nestle kicks off $5 billion sale of Pure Life, other water brands

Nestle has kicked off the sale of its North American water brands including Pure Life and Poland Spring, according to four sources familiar with the matter, as the world’s largest food group continues to exit slow-growth businesses. The brands being sold, which...
Jack Ma’s Ant Group Raises IPO Valuation Target to $280 Billion

Jack Ma’s Ant Group Raises IPO Valuation Target to $280 Billion

Ant Group plans to increase the valuation target for its initial public offering to at least $280 billion due to strong demand, charging ahead with the sale even as the Trump administration weighs restrictions on the Chinese fintech giant, according to people familiar...
Solar power equipment maker Array raises $1 billion in IPO

Solar power equipment maker Array raises $1 billion in IPO

U.S. solar power equipment maker Array Technologies sold shares in its initial public offering (IPO) on Wednesday at $22 apiece, above its target range, raising $1.05 billion.  The offering of 47.5 million shares values Array, which is backed by U.S. private equity...