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Blackstone Real Estate and MRP Group Announce Commencement of an All-Cash Tender Offer for Terrafina

Only announced all-cash offer to date, providing substantial, immediate and certain value to Terrafina shareholders New York & Mexico City, June 10, 2024 – 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 commenced a tender offer for […]

Emerson Announces Sale of Remaining Interests in Copeland to Blackstone

Emerson announced that it has entered into a definitive agreement to sell its remaining interests in the Copeland joint venture (formerly Emerson Climate Technologies) for a transaction value of approximately $3.5 billion, with pre-tax cash proceeds of $3.4 billion, net of the release of $0.1 billion of future indemnity obligations. Private equity funds managed by Blackstone will purchase Emerson’s 40% common equity ownership in the joint venture, while Copeland will repurchase the seller’s note.

Blackstone to Acquire SEDIVER Parent Company SEVES Group from Triton Partners

LONDON, UK and LUXEMBOURG, LUXEMBOURG – June 6, 2024 – Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have entered into a definitive agreement to acquire SEVES Group S.à r.l, the parent company of SEDIVER Group (“SEDIVER” or the “Company”), a provider of specialised electrical insulator solutions for the high-voltage transmission grid, from Triton Partners (“Triton”).

Blackstone Real Estate Debt Strategies Acquires $1.0 Billion Performing Senior Mortgage Loan Portfolio from Deutsche Pfandbriefbank (PBB)

LONDON, UK – May 28, 2024 – Blackstone Real Estate Debt Strategies (“BREDS”) today announced the closing of the acquisition of a $1.0 billion performing senior mortgage loan portfolio from leading German lender, Deutsche Pfandbriefbank (PBB).

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