The Blackstone Group LP

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KKR files for long-awaited NYSE listing

Reuters US Online Report Business News 4 days ago

PHILADELPHIA (Reuters) - Private equity firm Kohlberg Kravis Roberts & Co <KKR.UL> has filed to list $2.2 billion in shares on the New York Stock Exchange, moving forward in its long effort to become a publicly traded U.S. company. New York-based KKR ...

UK's Pru plans $20 billion rights offering

Reuters US Online Report Business News 16 days ago

NEW YORK (Reuters) - Britain's Prudential Plc <PRU.L> plans to do a rights offering of about $20 billion to finance a $35.5 billion purchase of American International Group's <AIG.N> Asian life insurance unit, a source familiar with the situation said on Sunday. ...

SeaWorld resumes whale shows after trainer's death

Reuters US Online Report Domestic News 17 days ago

ST. PETERSBURG, Florida - SeaWorld resumed its killer whale shows on Saturday, three days after a trainer was killed by a whale at the Orlando, Florida, theme park. Trainer Dawn Brancheau, 40, died on Wednesday after Tilikum, a 12,000 pound (5,400-kg) Orca ...

Blackstone loss widens in 2Q on acquisition charge

AP News 19 days ago

<div id="subtitle">Blackstone loss widens in 2Q on $196M acquisition charge</div><div><p>Private equity firm Blackstone Group LP posted a wider second-quarter loss Thursday, in part because of acquisition-related charges.</p><p>For the three months ended June 30, the company lost $164.3 million ...

FDIC proposals on banks buys draw fire as comments end

Reuters US Online Report Business News 19 days ago

<div><p>NEW YORK (Reuters) - Lone Star Funds joined other big private equity names in opposing proposed U.S. rules for investments in failed banks, as a designated period for public comment on the draft regulations comes to an end on Monday.</p><p>The Federal Deposit ...

Blackstone nails down some commitments to China fund

Reuters US Online Report Business News 19 days ago

HONG KONG/NEW YORK (Reuters) - Buyout giant Blackstone has nailed down three commitments so far to its landmark yuan-denominated fund for China, with the country's national pension fund expected to be a major investor. Blackstone Group LP announced plans in August to ...

BLUE SKIES FOR BLACKSTONE

BusinessWeek 19 days ago

<div><h1> BLUE SKIES FOR BLACKSTONE </h1><p>Shares of Blackstone (BX), one of the world's leading investment and advisory firms, have pulled themselves up from the abyss. They stood at 14.95 on Aug. 5, rising from a 52-week low of 3.55 in February. Analysts ...

Blackstone's Schwarzman tops U.S. CEO payroll: study

Reuters US Online Report Business News 19 days ago

<div><p>BOSTON (Reuters) - Taking his private equity firm public paid off big for Blackstone Group LP's &lt;BX.N&gt; Stephen Schwarzman, who became the top-paid chief executive in the United States last year, a title he is likely to retain for some time, according ...

Brokerage CLSA and Shanghai firm plan China fund

AFP Asian Edition 19 days ago

<div><p>Hong Kong-based brokerage CLSA and China's state-run Shanghai Guosheng (Group) Co plan a private equity fund with an estimated size of 10 billion yuan (1.4 billion dollars), the two said Tuesday.</p><p>The companies plan to form a joint venture -- Guosheng CLSA (Shanghai) ...

Newspaper publisher Freedom files for bankruptcy

AFP Global Edition 19 days ago

<div><p>Freedom Communications, owner of the Orange County Register and 30 other newspapers, filed for bankruptcy on Tuesday, the latest victim of the crisis gripping the US newspaper industry.</p><p>The Irvine, California-based company, which has 8,200 employees, filed for Chapter 11 bankruptcy protection with ...

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