‘Rate cut not a solution to coronavirus impact’
Global PE giant Blackstone’s chairman says a toll on the global economy is inevitable, but the epidemic would also lead to business opportunities for those with access to capital.
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March 2020
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August 2018
FDI in real estate surges by 84.4%
Ever since FDI restrictions were lifted in 2005, the investment flow has been over $25 billion—70% of which has come between 2015 and 2019. Now, 2020 is also expected to be an action-packed year.
Real estate attracts $14 bn in foreign PE funding
About 63% of the total foreign private equity investments was in the commercial real estate space, while the residential sector attracted just $1.5 billion in funding.
Coffee Day to sell its tech park to Blackstone
The Bengaluru-based company expects the deal to significantly help in deleveraging the Coffee Day Group.
Blackstone to buy majority stake in Essel Propack for up to $460 mln
Based on the open offer subscription, the purchase price consideration will vary between $310 million - $462 million.
Blackstone to invest in TaskUs
While Blackstone did not provide financial details of the transaction, according to a Bloomberg report the private equity major is buying a “large” stake for $250 million.
