Betaville

Blackstone preparing £1.2 billion counterbid for Hipgnosis, reveals Sky News

Mark "The Kleinmanator" Kleinman of Sky News has just popped up with a decent scoop about how Blackstone is weighing tabling a counter bid for Hipgnosis, the London-listed owner of songs by Blondie, the Red Hot Chili Peppers and the Kaiser Chiefs.

According to Kleiny, Blackstone has already table several offers for the Hipgnosis Songs Fund, including one offer at 82p a share and another at 88p. Below is a link to the Sky News report:..

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Blackstone said to be considering takeover bid for L'Occitane, reveals Bloomberg - Part 2

I see arch rivals at Bloomberg got to the latest L'Occitane takeover story that little old Betaville was also chasing over the last 24 hours.

According to Bloomie hacks, Blackstone has been lined up to finance Reinold Geiger's take private of skin care company L'Occitane and has been conducting due diligence...

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Blackstone to purchase Apartment Income REIT for $10 billion, reveals the Wall Street Journal

The Wall Street Journal is on a bit of roll.

Today, the venerable newspaper revealed that private equity giant Blackstone is set to purchase upmarket flats owner Apartment Income REIT for around $10 billion or $39.12 a share in cash. And the deal was quickly confirmed following publication.

Below is the link the original WSJ piece:..

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Blackstone said to be considering takeover bid for L'Occitane, reveals Bloomberg

Hacks at Bloomberg have dug out another decent scoop about Hong Kong-listed skin care group L'Occitane.

According to Bloomberg, the private equity giant has been considering preliminary due diligence as it evaluates a potential offer while also considering the possibility of teaming up with L'Occitane’s billionaire chairman Reinold Geiger on a buyout...

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WPP rumoured to be a takeover target for Blackstone and Silver Lake, reports Kleinman in City AM

The old Kleinmanator is on fire!

This morning Mark "The Kleinmanator" Kleinman of Sky News reveals in is City AM column that WPP, the FTSE 100-listed advertising giant, has been at the centre of takeover rumours, suggesting American private equity firms Blackstone and Silver Lake are the two firms interested in buying the business. Below is the link to his piece:..

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Merger Monday returns ... - Part 2

Today is turning into another Merger Monday. So far this morning it's been announced that:

1. Glencore has made a $23 billion hostile all-stock takeover offer for Canadian mining company Teck Resources Ltd. Below is a link to the Glencore announcement:..

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The spinner, the rainmaker and the podcast ... - Part 2

So, perhaps Merve Metcalfe of Dean Street Advisors has a point after all.

His interview about cheap valuations and take privates of British conmpanies on the Powerscourt Friday Fix podcast series went out on a Friday and by Monday morning American private equity giant Blackstone had announced the £500 million purchase of London-listed property company Industrials REIT.

Metcalfe, though, doesn't appear to have any involvement with that deal...

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Blackstone to buy Emerson Electric's climate technologies unit for $14 billion, reveals the Wall Street Journal

Blackstone is set to carry out the biggest private equity buy out in months.

According to hacks at the Wall Street Journal, Blackstone has struck a deal to purchase 55pc of Emerson Electric's division that sells compressors used for commercial and residential heating...

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