Blackstone Group Close to $3 Billion Deal to Acquire Soho China, Bloomberg Reports
June 16 2021 - 1:09AM
Dow Jones News
--Blackstone Group Inc. is close to an agreement to acquire
office developer Soho China Ltd. for about $3 billion, Bloomberg
says, citing people familiar with the matter.
--The private-equity firm could announce a deal as early as this
week, the report said.
--Soho China's shares were halted from trading Tuesday in Hong
Kong, pending an announcement under the city's takeover code, it
said.
Full story: https://bloom.bg/3cNsGZc
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(END) Dow Jones Newswires
June 16, 2021 00:55 ET (04:55 GMT)
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