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Blackstone plans to create $6.8 billion warehouse unit

plans to pool 6 billion euros ($6.8 billion) of its smaller European warehouse investments in a new company that will ultimately be publicly listed or sold, according to people with knowledge of the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJun 12th, 2019

SoftBank to create $30 billion tech giant

Japan’s SoftBank Corp plans to merge internet unit Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals. Francis Maguire reports......»»

Category: videoSource: reutersNov 18th, 2019

SoftBank to create $30 billion tech giant with Yahoo Japan, Line Corp merger

Japan's SoftBank Corp plans to merge internet unit Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech giant, as it bags struggling internet companies to bulk up against rivals like Rakuten Inc ......»»

Category: topSource: reutersNov 17th, 2019

Fiat Chrysler/Peugeot deal in spotlight after Exor setbacks

Fiat Chrysler's decision to scrap its dividend marks another setback for plans by the Agnelli family's Exor arm to raise cash after a $9 billion sale of its reinsurer unit PartnerRe collapsed this week......»»

Category: topSource: reutersMay 14th, 2020

Facebook invests $5.7 billion in Reliance unit, plans digital services for Indian grocers

Facebook will spend $5.7 billion to take just under 10% of Reliance Industries' digital unit, seeking to roll out services for India's grocers and other small businesses by capitalising upon WhatsApp's already extensive reach within the country......»»

Category: topSource: reutersApr 22nd, 2020

JPMorgan plans to raise up to $10 billion for alternative investments: source

JPMorgan Chase & Co's alternative investments unit is looking to raise up to $10 billion to boost its spending power in the face of the coronavirus pandemic, a source familiar with the matter said on Monday......»»

Category: topSource: reutersMar 30th, 2020

Westfield revises Promenade 2035 plan with more affordable housing, smaller stadium

Unibail-Rodamco-Westfield (URW) has submitted amended plans to the City of Los Angeles for its Promenade 2035 project at Warner Center in the Valley. The $1.5 billion project aims to create a new 34-acre mixed-use center with public plazas and walk.....»»

Category: topSource: bizjournalsFeb 21st, 2020

Trump"s $1.5B uranium bailout triggers rush of mining plans

The Trump administration asked Congress for $1.5 billion over 10 years to create a new national stockpile of U.S.-mined uranium......»»

Category: topSource: foxnewsFeb 15th, 2020

Central Avenue redevelopment gets Planning Commission OK

Bader Development and Nolan Properties Group are moving to the second phase of a years-long redevelopment of a historic warehouse parcel at the edge of Northeast Minneapolis, with plans to build a six-story, 71-unit apartment building. The Minne.....»»

Category: topSource: bizjournalsFeb 4th, 2020

IFF to merge with DuPont"s $26.2 billion nutrition unit

International Flavors & Fragrances Inc on Sunday said it will merge with DuPont Inc's $26.2 billion nutrition & biosciences unit, in a deal that will create a new combined company......»»

Category: topSource: reutersDec 15th, 2019

Exclusive: Haier Smart Home plans Hong Kong listing to take $7.7 billion unit private - sources

Haier, the wor.....»»

Category: topSource: reutersDec 12th, 2019

SoftBank to create $30 billion tech giant via Yahoo Japan, Line Corp deal

SoftBank Corp plans to merge internet subsidiary Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech group, as it strives to compete more effectively with local rival Rakuten and U.S. tech powerhouses......»»

Category: topSource: reutersNov 18th, 2019

Auto parts retailer bringing 380 warehouse jobs to Horn Lake

A leading American auto parts retailer — no, not the Memphis-based one — is expanding its local presence. O'Reilly Auto Parts plans to open a distribution center in Horn Lake, a move that would create 380 jobs, according to a release from the.....»»

Category: topSource: bizjournalsNov 7th, 2019

Blackstone plans to launch tender offer for Japan"s Unizo

Private equity firm Blackstone Group said on Tuesday it would launch a tender offer for Japan's Unizo Holdings at 5,000 yen a share, doubling down on its $1.6 billion offer after the proposal was rebuffed by the hotel chain......»»

Category: topSource: reutersOct 15th, 2019

In $5.9B deal, Blackstone to acquire last-mile logistics real estate portfolio from Colony

An affiliate of Blackstone (NYSE: BX) has entered into a definitive agreement to purchase a Dallas-based industrial platform. For $5.9 billion, Blackstone Real Estate Partners IX plans to acquire Colony Industrial from Colony Capital Inc. (NYSE: CL.....»»

Category: topSource: bizjournalsOct 1st, 2019

Blackstone Beefs Up US Logistics Portfolio

Private equity giant Blackstone announced Monday that it is acquiring the light warehouse assets of Colony Capital for $5.9 billion. This is Blackstone's second major warehouse acquisition this year......»»

Category: blogSource: 247wallstSep 30th, 2019

Peninsula fund gives Mediaset insurance in Vivendi dispute

A private equity firm led by former bankers from top Italian investment house Mediobanca has agreed a backstop worth up to 1 billion euros ($1.1 billion) to help Mediaset ensure safe passage for its plans to create a pan-European TV player......»»

Category: topSource: reutersSep 20th, 2019

Nissan plans sale of Trading unit in $1 billion deal: Bloomberg

Nissan Motor Co Ltd is looking to sell its vehicle parts and materials distribution business in a deal that may be valued at about $1 billion, Bloomberg reported on Wednesday, as the struggling Japanese automaker seeks to slim down......»»

Category: topSource: reutersSep 18th, 2019

Blackstone plans to invest in Allcargo to build warehouses

Blackstone Group Inc. is in talks to invest $209 million in a venture with Allcargo Logistics Ltd. to build warehouses in India, people with knowledge of the matter said. A real estate unit of the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkSep 16th, 2019

Anbang"s Japan properties up for sale, Blackstone seen bidding: sources

China's troubled Anbang Insurance Group has put its $2.4 billion property portfolio in Japan up for sale and previous owner Blackstone Group is bidding, two people familiar with the company's plans said......»»

Category: topSource: reutersAug 14th, 2019

Amazon plans to open new warehouse, create 2,800 jobs in Germany

U.S. online retail giant Amazon plans to open a new warehouse in Germany this year and create more than 2,800 jobs with permanent contracts in what is its second-biggest market after the United States......»»

Category: topSource: reutersJul 14th, 2019