Blackstone has experienced a range of key financial maneuvers, leading to its investors' noticed increased stock value over the past five years. There has been an ongoing
transfer of positions among investors such as Rockefeller Capital Management, MetLife Investment Management, and Citigroup. Blackstone showed continued growth with the
acquisition of Santander's $1 billion infrastructure loan portfolio and the substantial stake in midstream assets from
EQT for $3.5B. Another significant move was the
purchasing of controlling stakes in Jersey Mike's for around $8 billion. Concurrently, fiscal data noted a rise in Blackstone shares after strong inflows and acquisitions. Conversely, instances of insiders disposing stock and concerns over bubble valuations were observed. The company reported
increased dividends, projected favorable Q3 results, and achieved
record fee-earning AUM. Jon Gray, COO, presented at the Goldman Sachs Financial Services Conference, and the
company was in advanced talks to acquire Retail Opportunity Investments Corp. Lastly, Blackstone Life Sciences announced collaboration with Moderna and the acquisition of Tropical Smoothie Cafe.
Blackstone BX News Analytics from Wed, 06 Mar 2024 18:02:42 GMT to Sat, 30 Nov 2024 12:00:00 GMT -
Rating 6
- Innovation 2
- Information 7
- Rumor -5
