• BX
• ROG

Blackstone nears $5 billion Rogers investment, the Globe and Mail reports

Blackstone bids C$7 billion for a minority stake in Rogers Communications' cellphone infrastructure, aiming to help Rogers reduce debt, amid missed revenue expectations.

• APO
• BLK
• BX
• GOOGL
• MRNA
• TSLA

Saudi wealth fund to cut overseas investments

Saudi Arabia's sovereign wealth fund plans to reduce overseas investments to focus on domestic projects, aiming for economic diversification away from oil amidst regional tensions and influential economic discussions.

• BX
• SPG

Commercial real estate industry worries over higher taxes as election looms

• BX
• EQT
• ETRN

Exclusive-Blackstone in talks to buy US pipeline stakes from EQT for $3.5 billion, sources say

Blackstone is in advanced talks to acquire minority stakes in EQT's natural gas pipelines for $3.5 billion, aiming to reduce EQT's significant debt while enhancing its energy infrastructure portfolio.

• APO
• BX
• CG
• SONY

Carlyle-backed music venture buys rights to Randy Newman's recorded catalog

Litmus Music acquires Randy Newman's catalog, including Disney hits. Private equity activity in music is resurging as interest rates drop, highlighting music's value as an investment.

• BX

Inside Macron's pitch meeting with Wall Street as budget woes mount

Macron briefed U.S. financiers on France's fiscal challenges and potential tax increases, aiming to maintain investor confidence amidst a rising deficit and economic slowdown.

• BX

Blackstone seeks to raise at least $10 billion in new Asia PE fund, sources say

• BX
• LSEG
• TRI

Reuters introduces digital subscriptions for $1 a week

Reuters News announces digital subscriptions at $1 per week, following a delay due to a dispute with LSEG, and competing in a crowded online paywall market.

• BX

US rate cut, China stimulus spark hope for more Asia private equity deals

U.S. interest rate cuts and China's stimulus measures are expected to improve private equity deal-making conditions in Asia, enhancing exits and market confidence.

• BX

Blackstone confirms $13 billion investment in Britain for AI data centre

Blackstone will invest $13.3 billion in an AI data center in northeast England, creating 4,000 jobs and contributing to local infrastructure and skills training.