Blackstone to sell European property JV for €1.3bn

Blackstone to sell European property JV for €1.3bn

Blackstone owned more than 300,000 residential units worldwide as of last June Blackstone Group is cashing out of another residential real-estate investment. The asset management firm, together with its joint venture partner Round Hill Capital, has agreed to sell a...
Sunderland Football Club Kicks Off Sale After Fan Backlash

Sunderland Football Club Kicks Off Sale After Fan Backlash

Sunderland AFC said it has started a process to sell the U.K. soccer team, just days after a coordinated fan backlash against its current owner. The board of Sunderland feels it has “no option but to sell the club” after a recent fan campaign asking for insurance...
RWE is possible takeover target in renewables boom

RWE is possible takeover target in renewables boom

RWE (RWEG.DE), Germany’s largest power producer, could become a takeover target as big industry players strive to expand their renewable portfolios around the world, Goldman Sachs (GS.N) said in a research note on Wednesday. Following an asset swap with E.ON...