(Bloomberg) -- Blackstone Group LP, manager of the
world's second-largest buyout fund, plans to raise as much as $7.75
billion selling stock to the public and the Chinese government.
The firm is offering as many as 155.3 million shares for
$29 to $31 each to raise $4.75 billion, New York-based
Blackstone said in a Securities & Exchange Commission filing
today. The firm also agreed to sell a $3 billion stake to the
Chinese government.
Read more at Bloomberg Emerging Markets News
world's second-largest buyout fund, plans to raise as much as $7.75
billion selling stock to the public and the Chinese government.
The firm is offering as many as 155.3 million shares for
$29 to $31 each to raise $4.75 billion, New York-based
Blackstone said in a Securities & Exchange Commission filing
today. The firm also agreed to sell a $3 billion stake to the
Chinese government.
Read more at Bloomberg Emerging Markets News
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