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The Blackstone Group L.P. is a multinational private equity, investment banking, alternative asset management and financial services corporation based in New York City. As the largest alternative investment firm in the world, Blackstone specializes in private equity, credit and hedge fund investment strategies, as well as financial advisory services, such as mergers and acquisitions,... MORE The Blackstone Group L.P. is a multinational private equity, investment banking, alternative asset management and financial services corporation based in New York City. As the largest alternative investment firm in the world, Blackstone specializes in private equity, credit and hedge fund investment strategies, as well as financial advisory services, such as mergers and acquisitions, restructurings and reorganizations, and private placements. Blackstone's private equity business has been one of the largest investors in leveraged buyout transactions over the last decade, while its real estate business has actively acquired commercial real estate. Since its inception, Blackstone has completed investments in such notable companies as Hilton Worldwide, Equity Office Properties, Republic Services, AlliedBarton, United Biscuits, Freescale Semiconductor, Vivint and Travelport. Blackstone was founded in 1985 as a mergers and acquisitions boutique by Peter G. Peterson and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers, Kuhn, Loeb Inc. Over the course of two decades, Blackstone has evolved into one of the world's largest private equity investment firms. In 2007, Blackstone completed a $4 billion initial public offering to become one of the first major private equity firms to list shares in its management company on a public exchange. Blackstone is headquartered at 345 Park Avenue in New York City, with eight additional offices in the United States, as well as offices in London, Paris, Düsseldorf, Sydney, Tokyo, Hong Kong, Beijing, Shanghai, Mumbai, and Dubai. LESS |
Blackstone In Talks To Acquire Avgol Industries Fr... |
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3-6-12-Blackstone (NYSE:BX) is in talks to acquire Avgol Industries 1953 Ltd. From Israel Petrochemical Enterprises Ltd., Calcalist said today.Calcalist didn't provide details on the source, nor was Avgol available for comment.After the Bloomberg report, Avgol (TLV:AVGL) issued a statement to the Tel-Aviv stock saying that it was in talks with Blackstone over the deal.The Blackstone Group LP is a global alternative asset manager and provider of financial advisory services. The firm's asset management businesses include the management of corporate private equity funds, real estate funds, mezzanine funds, proprietary hedge funds and closed-end mutual funds. Blackstone also provides M&A and reorganization advisory, as well as private placement services.SmarTrend currently has Blackstone in a Downtrend. Since 2008, SmarTrend subscribers trading Blackstone using our alerts outperformed the stock by 183%. We are monitoring these developments and will alert subscribers to any change in trend.

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