BioMed Valued At $14.6 Billion In Deal For Sale From One Blackstone Fund To Another

0 62

Blackstone Real Estate Partners and co-investors have agreed to sell BioMed Realty for $14.6 billion to a group led by existing BioMed investors, Blackstone Group Inc BX.N said on Thursday.

Blackstone had agreed to buy BioMed Realty, a supplier of office space to healthcare companies, in late 2015 in a deal valued at $8 billion. (reut.rs/341V5a3)

Blackstone said on Thursday it is commencing a “go-shop” process on behalf of BioMed’s current investors, with the recapitalization expected to close within five business days after the process concludes

Related Posts

Bank Of England Official Warns Inflationary ‘Tiger’ Has…

Nigeria Will Benefit Less From African Trade Deal – NESG

– Reuters

Leave A Reply

Your email address will not be published.

%d bloggers like this: