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blackstone buying

  1. money1
    424 Posts.
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    28/02/11
    15:37
    Post #: 7967611
    Reuters) - Australia's Centro Properties Group (CNP.AX) has agreed to sell its 588 U.S. shopping centers to Blackstone Group (BX.N) for $9.4 billion, the Wall Street Journal reported on Sunday, citing people familiar with the matter.

    According to the report, private equity firm Blackstone beat two other groups for the assets.

    Centro and Blackstone were not immediately available for comment.

    (Reporting by Michael Erman; Editing by Dhara Ranasinghe)
    CNP Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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