IT was a simple phone call between two real estate billionaires that led to the formation of a behemoth in the house-rental industry. Property investor Barry Sternlicht called Jon Gray, head of real...

[LONDON] Goldman Sachs has sold its remaining stake in British pensions insurance business Rothesay Life to a trio of existing investors a decade after setting up the company.

[LONDON] Payments processing company Paysafe Group has backed a £3 billion (S$5.39 billion) takeover offer from a consortium of funds managed by Blackstone and CVC Capital Partners, the latest in a...

[MADRID] US asset manager Blackstone has entered into exclusive talks with Banco Popular over the sale of a majority stake in the rescued Spanish lender's property portfolio, Popular said in a...

[NEW YORK] Intertrust, the Dutch fund and corporate services company, cut its full-year profit margin forecast on Tuesday due to one-off legal costs and a weak performance in its home market, sending...

[TEL AVIV] Blackstone Group is in advanced talks to pay US$400 million for 40 per cent of privately held Israeli firm NSO Group, a maker of spyware for mobile devices, Israel's Calcalist...

BLACKSTONE Group LP rode a widespread market advance in the second quarter, earning 36 per cent more than a year earlier. The results fell short of analysts' estimates as a downturn in energy...

BLACKSTONE Group LP is seeking to raise up to US$3 billion in its first pan-Asia buyout fund for investments in sectors including high-end manufacturing and healthcare, people familiar with the plan...

[NEW YORK] Buyout firm Blackstone Group LP on Thursday reported quarterly earnings that grew but was a touch lower than expected, as strong gains in real estate holdings were eroded by a pullback in...

LEADERS of major American companies with deep ties to China are due to meet on Tuesday with their Chinese counterparts to try to ease their increasingly rocky economic relationship.