blackstone
The French global luxury group Kering, which owns the brands Gucci, Saint Laurent and Bottega Veneta among others, announced its €1.3 billion ($1.4 billion) purchase of an historic Milanese building at Monte Napoleone 8 from a subsidiary of Blackstone Property Partners Europe. The company said the investment is part of its selective real estate strategy, aimed at securing key highly desirable locations for its Houses. Kering said the property includes more than 5,000 square metres of retail space, making it one of the largest on the via Monte Napoleone.
DPA International
The French global luxury group Kering, which owns the brands Gucci, Saint Laurent and Bottega Veneta among others, announced its €1.3 billion ($1.4 billion) purchase of an historic Milanese building at Monte Napoleone 8 from a subsidiary of Blackstone Property Partners Europe. The company said the investment is part of its selective real estate strategy, aimed at securing key highly desirable locations for its Houses. Kering said the property includes more than 5,000 square metres of retail space, making it one of the largest on the via Monte Napoleone.
DPA
The French global luxury group Kering, which owns the brands Gucci, Saint Laurent and Bottega Veneta among others, announced its €1.3 billion ($1.4 billion) purchase of an historic Milanese building at Monte Napoleone 8 from a subsidiary of Blackstone Property Partners Europe. The company said the investment is part of its selective real estate strategy, aimed at securing key highly desirable locations for its Houses. Kering said the property includes more than 5,000 square metres of retail space, making it one of the largest on the via Monte Napoleone.
DPA Breaking News
Der US-Finanzinvestor Blackstone zieht sich aus dem Bieterprozess für die Medienrechte der Fußball-Bundesliga zurück. Einen entsprechenden Bericht der Nachrichtenagentur Bloomberg bestätigte die Deutsche Fußball Liga (DFL) auf Anfrage. «Aus verschiedenen Gründen» komme das Unternehmen Blackstone «nicht mehr als strategischer Vermarktungspartner der Bundesliga und 2. Bundesliga infrage», hieß es in einem DFL-Statement. Der DFL und den Clubs sei stets bewusst gewesen, «dass durch die im Dezember verabschiedeten Eckpunkte und roten Linien hohe Anforderungen an mögliche Partner gestellt werden», h...
DPA (German)
Blackstone Group Inc. is a major American alternative investment management firm based in New York City that recently bought the Certified Collectibles Group (CCG). CCG is one of the foremost providers of grading and conservation services in the global collectibles sector. If you like graded coins or banknotes, you probably already have some of their products! Recently, Blackstone agreed to buy a majority stake in CCG, valuing the company above $500 million. However, Mark Salzberg, the founder, and Steven R Eichenbaum (CEO) will continue to hold a considerable minority stake in CCG. What this ...
ValueWalk
In a new special report Xtract Research discusses the impact of the anticipated acquisition by Blackstone and Starwood on Extended Stay’s bonds. Q4 2020 hedge fund letters, conferences and more Xtract Research experts believe that there will not be sufficient restricted payment and secured debt capacity to support the acquisition, requiring each series of bonds to be refinanced. Extended Stay America To Be Acquired By Blackstone and StarwoodHighlights from the report include: Extended Stay will need enough restricted payments capacity under each series of Notes to pay the merger consideration ...
ValueWalk
It’s no secret that the top 10 highest paid CEOs earn a lot more than the average American worker, but the extent to which is the case may still surprise you. A new study found it takes weeks for the average worker to earn what they earn in only five minutes. Here are the top 10 highest paid CEOs and how much they earn in five minutes.Q3 2020 hedge fund letters, conferences and moreTop 10 highest paid CEOsAccording to Gigacalculator, number 10 on the list of the top 10 highest paid CEOs is Douglas Ingram of Sarepta Therapeutics, who makes $1,801 every five minutes. To match that amount, the av...
ValueWalk
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