Browsing Tag
Blackstone
44 posts
Project Peregrine: Kuwait Petroleum seals $16bn pipeline pact with Blackstone, Brookfield, KKR
Kuwait's $16 billion Project Peregrine hands Blackstone, Brookfield and KKR a 49% stake and ties their return to a 2035 target of 4 million barrels a day.
Why Future Standard handed its $94bn platform to former BlackRock executive Edwin Conway
Future Standard has appointed former BlackRock and Blackstone executive Edwin Conway as chief executive officer, while co-founder Michael Forman becomes full-time executive chairman. The transition gives Conway responsibility for converting the alternative asset manager’s acquisitions, new funds and international expansion into a more integrated global platform.
NKT completes $6bn Champlain Hudson Power Express transmission project
NKT completes the $6 billion Champlain Hudson Power Express, bringing 1.25 GW of Québec hydropower to New York City. Explore the wider grid impact in depth.
Oracle Q4 fiscal 2026: Cloud revenue up 47%, ORCL stock drops as financing plan rattles investors
Oracle (ORCL) posts record Q4 revenue and a $638B backlog, but shares slide on $55.7B capex, negative free cash flow and a $40B raise. Read the full analysis.
Why AirTrunk’s 5 GW India data centre plan could reshape the AI infrastructure map
Find out how AirTrunk’s $30 billion India data centre plan could reshape AI infrastructure, cloud capacity and power demand by 2030.
Magnum Ice Cream (NYSE: MICC) jumps 10.9% on Blackstone and CD&R takeover talk just five months after the Unilever spinoff
Magnum spun out of Unilever at 7.8 billion euros. Froneri sold at 15 billion. Blackstone and CD&R are watching. The summer ice cream season decides the bid.
Catalyst Pharmaceuticals (CPRX) agrees $4.1bn buyout as Angelini Pharma plans to enter US rare disease market
Angelini Pharma will pay $4.1 billion for Catalyst Pharmaceuticals at $31.50 a share, but CPRX closed at $31.10. The premium sits in the strategy, not the price.
AirTrunk commits $3bn to JHB3 and JHB4 as Malaysia bet hits $6.8bn
AirTrunk is pouring USD3 billion more into Johor as Singapore caps capacity and Malaysia tightens AI data centre rules. Whose grid pays the bill?
Blackstone (NYSE: BX) to acquire majority stake in Advanced Cooling Technologies as AI data centre heat surge reshapes thermal management market
Blackstone (BX) agrees to acquire a majority stake in Advanced Cooling Technologies as AI-driven data centre heat loads push liquid cooling toward a $30bn market. Read more.
Blackstone eyes Steadfast (ASX: SDF) at a discount as rival PE firms walk away from AUB deal
Blackstone is reportedly eyeing Steadfast for aa A$7 billion buyout. Find out why this deal could reshape Australia’s insurance broking sector.