US Blackstone to buy UK nursing homes group NHP for Â£564m
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US private equity firm Blackstone has had its Â£564m offer for listed UK nursing homes group NHP accepted. The successful completion of the deal would mark a big step forward in its ambition to build one of the UK&#39;s large homes providers.
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Financial group ING has agreed to sell Baring Asset Management to US groups MassMutual and Northern Trust and says it will make a net gain of 250 million euros (176 million pounds) on the deal.
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A unit of private equity giant  Blackstone Group  will buy knee and ankle brace maker DJO  Inc.  for $1.3 billion, the companies said on Monday.
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The Blackstone Group  raised its bid for Equity Office Properties Trust  to $55.50 per share in cash on Tuesday after rival bidder Vornado Realty Trust  sweetened its offer in the latest step in a fight to control the top U.S. office landlord.
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LONDONâWPP Group PLC, the London-based advertising giant, said yesterday it was buying US-based Grey Global Group Inc. in a $1.52 billion (US) cash and stock deal.
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Private equity firm Blackstone Group   plans to take a 20 to 40 percent stake in chemical maker  China National BlueStar (Group) Corp for up to $500 million, a  source close the to deal said on Thursday.
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U.S. private equity firm Blackstone  Group  said on Tuesday it would buy Hilton Hotels Corp.   for about $26 billion cash.
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The Macquarie Communications Infrastructure Group of Australia said its Macquarie Bank consortium had agreed to acquire a wireless tower operator in the United States, Global Tower Partners, from the Blackstone Group for $1.43 billion.
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Equity Office Properties Trust said on Friday it still preferred a $54-per-share cash offer from private equity firm Blackstone Group, despite a higher cash-and-stock bid of $56 per share from Vornado Realty Trust.
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ReAble Therapeutics, the orthopedic-device maker controlled by the private equity company Blackstone Group, agreed to purchase DJO for $1.6 billion.
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The Motley Fool - On Monday, Equity Office Properties Trust (NYSE: EOP - News) announced that it had agreed to be acquired by The Blackstone Group in a transaction valued at approximately $36 billion. The terms of the agreement call for Blackstone to acquire all of the outstanding common stock of Equity Office at an 8.5% premium over its closing price on November 17, 2006.
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U.S. private equity firm Blackstone Group agreed on Tuesday to buy Hilton Hotels Corp. for about $20 billion plus debt, the richest in a series of recent private equity offers for hotel companies.
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Mortgage and vehicle fleet company PHH Corp  said on Friday it received a $50 million termination fee from Blackstone Capital Partners, a fund affiliated with buyout firm Blackstone Group , after a deal to buy the company fell apart.
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Food distributor Performance Food Group said it agreed to be acquired by Blackstone Group and Wellspring Capital Management for about $1.3 billion in cash.
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A unit of private equity giant Blackstone Group  will buy knee and ankle brace maker DJO Inc.  for $1.3 billion, the companies said on Monday.
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Blackstone Group's real-estate arm is close to a deal to sell office buildings in Seattle and Washington, D.C., to Beacon Capital Partners, a Boston-based real-estate investment firm, for about $6.5 billion, the Wall Street Journal reported on Friday, citing a person familiar with the matter.
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CHICAGO  - US hotel group Hyatt said it was buying the lodging chain AmeriSuites from the Blackstone investor group as part of its plan to expand the Hyatt brand name.