India’s hotel operator Oyo secured a deal to acquire U.S. discount motel chain Motel 6. The acquisition is worth $525 million all-cash and is expected to close by the end of the year.
With the deal, Oyo will expand its growing footprint in the United...
Alternative investment firm Blackstone is adding to its already sizeable warehouse portfolio in Europe. The company recently acquired an 80% stake in a European logistics portfolio owned by the real estate business Burstone.
According to reports, the total value of the portfolio is $1.2 billion...
Alternative investment management company Blackstone has reached an agreement to acquire Hipgnosis Songs, a song management fund that owns the music catalog rights of Red Hot Chili Peppers, Shakira, Blondie, and a number of other music acts.
Hipgnosis Songs’ board previously recommended a takeover bid...
Private equity firm Blackstone Inc. announced on Sunday that it has fully acquired the jewelry certification firm International Gemological Institute (IGI). It cost Blackstone in the range of $530 million to purchase IGI from China's Fosun and the company's founding family.
Founded in 1975, IGI...
