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Blackstone BX - News Analyzed: 8,889 - Today: 100 - Last Week: 100 - Last Month: 500

β‡˜ Blackstone BX Approaches $4B Acquisition Amid Power Plant Bet and Leadership Shakeup

Blackstone BX Approaches $4B Acquisition Amid Power Plant Bet and Leadership Shakeup

Korea Investment CORP and Vinva Investment Management Ltd have increased their shares in Blackstone Inc. (BX), while HSBC Holdings PLC and XTX Topco Ltd have reduced theirs. Blackstone approaches a $4 billion acquisition of MacLean Power Systems, further growing its portfolio. Blackstone's performance in 2025 saw a decline by 16%, lagging behind Nasdaq. The company is currently undervalued, exhibiting high beta characteristics. Leadership changes and a $1.2 billion investment into a West Virginia Power Plant could potentially change the bull case for the company. Blackstone reported Q3 sales below analyst estimates and the stock has reduced in value despite the company's expansion efforts in retirement market and Europe. As Jon Gray continues his reshaping of Blackstone, the firm also announced major agreements to acquire Shermco and Enverus for $1.6 billion and Hill Top Energy Centre for approximately $1 billion. Dividends are increasing to $1.29 while Blackstone plans to exit a $1.8 billion senior housing investment. Blackstone remains strong despite share price performance and its position in retirement markets continues to reshape growth prospects.

Blackstone BX News Analytics from Thu, 24 Jul 2025 07:00:00 GMT to Sat, 29 Nov 2025 12:31:18 GMT - Rating -4 - Innovation 5 - Information 2 - Rumor -3

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