U.S. stocks are poised to start Monday’s session in the red as traders brace for the all-important decision from the Federal Reserve’s monetary policy committee on Wednesday and the May inflation report ahead of the rate decision.
Blackstone is reportedly set to acquire a 55.1% stake in Japanese e-comics provider Infocom. Blackstone may aim to secure all of Infocom's shares through a takeover bid and share transfer. Blackstone manages $1.1 trillion in assets.
KKR & Co. Inc. ("KKR") (NYSE:KKR) today announced that it has priced an offering of ¥44,600,000,000 aggregate principal amount of its 1.559% Senior Notes due 2029 (the "2029 notes"),
KKR and TPG are reportedly exploring options to buyout PropertyGuru, a Southeast Asian online real estate platform. KKR also acquired minority stakes in Infinx and Perpetual.
Blackstone is set to grant equity to employees at its U.S. buyout companies, expanding ownership beyond management. Announced at an investor conference, this plan covers new acquisitions and starts with the 18,000 employees of Copeland. To qualify, employees must stay until Blackstone sells or goes public. This initiative follows industry trends promoting broader employee ownership.