Articles for tag: Acquisition, AirTrunk, Billion, Blackstone, Horizon, Pursuit

September 3, 2024

Blackstone in Pursuit: .5 Billion AirTrunk Acquisition on the Horizon

Blackstone in Pursuit: $13.5 Billion AirTrunk Acquisition on the Horizon

Blackstone Inc. is close to finalizing a significant deal to acquire Australian data center operator AirTrunk for over A$20 billion (approximately $13.5 billion), including debt. This transaction could be one of the largest in digital infrastructure this year. Blackstone has outbid other competitors, including a consortium with well-known investors, and is currently negotiating final terms ...

September 2, 2024

Market News

Business

Rs 700 Crore Revamp: Blackstone Transforms India’s Logistics Landscape

Horizon Industrial Parks, managed by Blackstone Real Estate funds, is set to invest Rs 700 crore to upgrade 13 warehouses owned by the Central Warehousing Corporation (CWC) across India. This partnership aims to transform government-owned facilities into modern Grade-A spaces catering to sectors like e-commerce, retail, and logistics. The redevelopment will cover 2.4 million square ...