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Blackstone Announces Plans to Commence a Tender Offer for I’rom Group, One of Japan’s Leading Site Management Organizations, a Mission-Critical Function of Clinical Trials

Blackstone (NYSE:BX) announced today that private equity funds and vehicles managed by Blackstone (“Blackstone”) have entered into a definitive agreement with Toyotaka Mori (“Mr. Mori”), Founder, President & Chief Executive Officer of I’rom Group Co., Ltd. (“I’rom”; TSE stock code 2372), Japan’s leading Site Management Organization (SMO), to jointly take I’rom private. I’rom provides clinical trial management services to pharmaceutical, biotechnology, and medical institutions, and plays a critical role in the success of clinical trials, ensuring that new technologies and medicines are brought to the market efficiently and quickly.

Blackstone Real Estate Completes Privatization of Tricon

Blackstone Remains Committed to Tricon’s Development Platform, including $1 Billion Pipeline of New Single-Family Homes in the U.S. and $2.5 Billion Pipeline of New Apartments in Canada; Plans to Improve Quality of Existing U.S. Single-Family Homes through an Additional $1 Billion of Capital Projects All financial and share price-related information is presented in U.S. dollars […]

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