blackstone

Report: Blackstone to Acquire 80% Stake in Sony Payment Services 
Report: Blackstone to Acquire 80% Stake in Sony Payment Services 
December 21, 2023  |  Acquisitions

Alternative asset manager Blackstone is reportedly set to acquire an 80% stake in Sony Payment Services, a payment service provider under Sony Group.  The deal, valued at approximately $280...

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Blackstone Pays $2.3 Billion for Pet Care Brand Rover
Blackstone Pays $2.3 Billion for Pet Care Brand Rover
November 29, 2023  |  Acquisitions

Pet care marketplace Rover is set to be acquired by private equity firm Blackstone for $2.3 billion. “We are thrilled for this next chapter in the Rover story and...

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Blackstone Top Bidder for Signature’s Commercial Property Loans
Blackstone Top Bidder for Signature’s Commercial Property Loans
November 19, 2023  |  Banking

Private equity group Blackstone is reportedly the leading bidder for Signature Bank’s commercial property loans. Sources tell Bloomberg News that Blackstone is the frontrunner to gain possession of an approximately $17...

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Report: Private Equity Firms Reconsider Potential Acquisition of Adevinta
Report: Private Equity Firms Reconsider Potential Acquisition of Adevinta
October 22, 2023  |  Acquisitions

Private equity firms Blackstone and Permira are reportedly reconsidering their potential acquisition of Oslo-based online classifieds company Adevinta. The potential deal, which would have been one of the year’s biggest...

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Stampli Raises $61 Million to Advanced AI-Powered AP Automation
Stampli Raises $61 Million to Advanced AI-Powered AP Automation
October 03, 2023  |  B2B Payments

Stampli has raised $61 million to expand its artificial intelligence (AI)-powered accounts payable offering. The Series D round, led by funds managed by Blackstone, brings the total...

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PE Outfits Selling More Discounted Shares in Portfolio Companies
PE Outfits Selling More Discounted Shares in Portfolio Companies
May 23, 2023  |  Investments

Private equity operations are reportedly gloomy about their portfolio companies regaining their high valuations. That’s according to an analysis published Tuesday (May 23) by the...

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Blackstone Wants to Partner with Regional Banks in Loan Originations
Blackstone Wants to Partner with Regional Banks in Loan Originations
May 11, 2023  |  Banking

Blackstone wants to give regional banks more lending power ahead of a looming credit crunch. Jon Gray, president of the private equity giant, told the...

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EMEA Daily: PayU Goes to Romania; Phone Reseller Swappie Raises $124M
EMEA Daily: PayU Goes to Romania; Phone Reseller Swappie Raises $124M
February 15, 2022  |  International

In today’s top Europe, Middle East, and Africa news, the FinTech firm PayU has introduced credit payments in Romania; Voilà, a Berlin-based app that connects...

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Blackstone Bets $23B on Last-Mile Logistics Firm Mileway
Blackstone Bets $23B on Last-Mile Logistics Firm Mileway
February 15, 2022  |  Investments

Alternative lender Blackstone Inc. says it will back a $23.8 billion recapitalization of Mileway, Europe’s largest urban warehouse operator and last-mile logistics company. The private...

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