16.06.2021 08:48:48
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Blackstone Nears Deal To Buy Office Developer Soho China : Report
(RTTNews) - Blackstone Group Inc. (BX) nears an agreement to acquire office developer Soho China Ltd., Bloomberg reported citing people familiar with the matter.
Soho China could be valued at about $3 billion in a transaction. The developer has a market value of about HK$19.8 billion or $2.55 billion.
The private equity firm could announce a deal as soon as this week.
Talks are in their final stage, but they could still drag on or fall apart, the report said.
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