Blackstone completes £1.2bn takeover of property developer St Modwen
Blackstone now has over $196bn of property assets under management Blackstone, the private equity company, has finalised a £1.2bn to takeover of UK property investment company St Modwen. The deal, first announced in May, will see Blackstone fork out 542p per share for the developer, a 21% premium on its closing price on May 6. [] The post Blackstone completes £1.2bn takeover of property developer St Modwen appeared first on UK Investor Magazine .
Blackstone completes £1.2bn takeover of property developer St Modwen
Blackstone now has over $196bn of property assets under management Blackstone, the private equity company, has finalised a £1.2bn to takeover of UK property investment company St Modwen. The deal, first announced in May, will see Blackstone fork out 542p per share for the developer, a 21% premium on its closing price on May 6. [] The post Blackstone completes £1.2bn takeover of property developer St Modwen appeared first on UK Investor Magazine .