PropertyEU

Blackstone's IPO u-turn intrigues market

By A staff reporter 2007-03-19T00:00:00

Reports that private equity group Blackstone is working intensively on an initial public offering of up to 10% of the firm continue to tantalise market watchers. It has been estimated that a public offering could value Blackstone at more than $20 bn. Yet, Stephen Schwarzman, Blackstone's ceo, is on record ...

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