Emerson Electric to Sell Part of the Company to Blackstone
Emerson Electric is selling a majority stake in the company’s climate-technologies to Blackstone. The value of the section is around $14 billion, including debt.
Blackstone Formed a Partnership with Insurer Resolution Life
The investment firm Blackstone has formed a partnership with insurer Resolution Life which would give Blackstone over $60 billion in new assets to manage.
Blackstone to Purchase American Campus Communities
Blackstone has agreed to purchase American Campus Communities, which is a company that owns student housing, for around $12.8 billion deal.