(Reuters) - Blackstone, in which a Chinese state investment agency owns a
$3 billion stake, aims to buy between 20 and 40 percent of
BlueStar, the Journal reported, citing unnamed private equity
fund managers.
Market watchers believe Blackstone, which raised $4.1 billion
in a New York listing late last month, will have an easier path
to making acquisitions in China since the government agency
invested in the firm.
Read more at Reuters.com Mergers News
$3 billion stake, aims to buy between 20 and 40 percent of
BlueStar, the Journal reported, citing unnamed private equity
fund managers.
Market watchers believe Blackstone, which raised $4.1 billion
in a New York listing late last month, will have an easier path
to making acquisitions in China since the government agency
invested in the firm.
Read more at Reuters.com Mergers News
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