Blackstone to buy stake in China's BlueStar: source
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Blackstone Group  plans to buy a 20 to 40 percent stake in chemicals company China National BlueStar (Group) Corp for up to $500 million, marking its first major investment in the world's fastest-growing major economy.
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The Blackstone Group plans to sell 10 buildings in downtown San Francisco to Morgan Stanley for $2.65 billion.
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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 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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NEW YORK (CBS.MW) -- The Blackstone Group agreed to buy Prime Hospitality Corp., which owns Wellesley Inn and AmeriSuites hotels, for $790 million, including the assumption of debt.
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Private equity firm Blackstone Group  has emerged as a leading contender to buy the troubled U.S.  division of German automaker DaimlerChrysler AG  (DCXGn.DE), The Detroit News reported on its Web site on  Saturday, citing people familiar with the situation.
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The Blackstone Group sold the majority of its property holdings in Germany to institutional investors for about 1.6 billion euros ($2.1 billion), the company said yesterday. Blackstone said it had sold a majority stake in its Vitus subsidiary to a consortium including Round Hill Capital and Morley Fund Management, the wealth-management unit of the British insurer Aviva. Blackstone bought Vitus, which has more than 31,000 apartments, from a German holding company, WCM, at the end of 2004.
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The Blackstone Group said on Tuesday it would buy Hilton Hotels Corp. for about $26 billion in cash.
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Equity Office Properties Trust   said on Tuesday that the Blackstone Group  raised the  price of its takeover bid to $55.50 per share, after rival  bidder Vornado Realty Trust  sweetened its own offer.
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Private equity firm Blackstone Group&#39;s   initial public offering was about seven times  subscribed, boosted by demand from Asia, the Middle East and  Europe, the Financial Times reported on Thursday.
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Private equity firm Blackstone Group is buying the owner of Madame Tussauds waxworks museums for about 1 billion pounds ($1.9 billion) cash, creating the world's second-biggest theme park group behind Walt Disney Co.
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Blackstone Group  has agreed to buy 20 percent of chemical maker China National BlueStar (Group) Corp for up to $600 million, the private equity groups said on Monday, marking its first major investment in the fast-growing market.
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Equity Office Properties Trust  said on Tuesday that the Blackstone Group  raised the price of its takeover bid to $55.50 per share, after rival bidder Vornado Realty Trust  sweetened its own offer.
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Private equity firm Blackstone Group won control of Equity Office Properties Trust  on Wednesday after a majority of the top U.S. office landlord's shareholders accepted Blackstone's cash bid of $23 billion, and rival bidder Vornado Realty Trust  dropped out.
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Cable television, phone and Internet   service provider RCN Corp. RCNI.O has hired Blackstone Group   to consider the possible sale of the company, a source familiar   with the matter said on Wednesday.
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The United States and China ended talks with unfinished business, as China took a $3 billion stake in the Blackstone Group.
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BlackRock Inc. (BLK.N: Quote, Profile, Research) , one of the largest US fixed income managers, on Thursday said it will buy its far smaller competitor State Street Research &amp; Management Co.