(Reuters) - NEW YORK, May 21 - Blackstone Group LP [BG.UL] on
Monday said it plans to raise as much as $4.75 billion in what
would be the year's largest U.S. initial public offering, a day
after agreeing to sell a $3 billion stake to China.
The offering comes as low debt costs spur a boom in
takeovers by private equity firms, but also amid some concern
that the industry's growth may be tough to maintain.
Read more at Reuters.com Mergers News
Monday said it plans to raise as much as $4.75 billion in what
would be the year's largest U.S. initial public offering, a day
after agreeing to sell a $3 billion stake to China.
The offering comes as low debt costs spur a boom in
takeovers by private equity firms, but also amid some concern
that the industry's growth may be tough to maintain.
Read more at Reuters.com Mergers News
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