BlackstoneNYSE: BX

Private equity firm Blackstone is to sell Japanese drugmaker Alinamin Pharmaceutical to North Asian buyout fund MBK Partners for 350 billion yen ($2.17 billion) the Nikkei newspaper reported on Tuesday.

Michael Zawadzki, global chief investment officer for Blackstone Credit, says the $1.7 trillion private credit market may soar beyond $25 trillion or even $50 trillion as yield-hungry investors plow capital into multiple categories of direct lending. He speaks with Sonali Basak on "Bloomberg Markets.

NEW YORK & MEXICO CITY--(BUSINESS WIRE)--Blackstone Real Estate and MRP Group, a developer, owner and operator of real estate in Mexico, today announced that a Mexican trust formed by their affiliates has increased the price of its tender offer for up to 100% of the outstanding real estate trust certificates of Terrafina (BMV:TERRA 13) by Ps.1.00 per certificate to a purchase price of Ps.39.50 per certificate. The all-cash tender offer represents a premium of 24% over the unaffected price per T.

Avi Meir, TravelPerk's CEO and co-founder, discusses the company's acquisition of American competitor AmTrav and the broader state of play in the corporate travel market.

BARCELONA & CHICAGO--(BUSINESS WIRE)--TravelPerk, the hyper-growth global business travel management platform, announced today its acquisition of the industry-leading United States company AmTrav, doubling down on its expansion in the US. Chicago-based AmTrav, founded by two friends in their University of Michigan dorm room, has been at the forefront of innovation and thought leadership in the business travel space for the past 30 years, achieving many “firsts”. It offers a highly localized, te.

Japanese digital comic distributor Infocom will announce its board's decision on a takeover bid from Blackstone once all its disclosure documents are ready, the company said on Tuesday.

Blackstone Mortgage REIT has a better portfolio than BrightSpire and Ares Commercial. It has also worked hard to reduce office exposure and the numbers today are way lower than what we saw in 2020. We look at where the REIT stands today and why we would still favor the 8% bonds relative to the 15% yielding stock.

The Federal Reserve said that it only expects to cut rates once in FY 2024, resulting in a higher-for-longer rate world. Blackstone Secured Lending therefore benefits from its variable rate loan strategy. The dividend has been well-covered with NII. A low non-accrual percentage is a distinguishing feature of BXSL.

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) declared a dividend of $0.62 per share of class A common stock with respect to the second quarter of 2024. This dividend is payable on July 15, 2024 to stockholders of record as of the close of business on June 28, 2024. About Blackstone Mortgage Trust  Blackstone Mortgage Trust (NYSE: BXMT) is a real estate finance company that originates senior loans collateralized by commercial real estate in North America, Europe, and A.