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The leading private equity and asset management firm Blackstone announced that its Blackstone Tactical Opportunities fund agreed to sell their stake in De Nora to a leading energy infrastructure operator Snam S.p.A.

  • De Nora is a global innovator of sustainable clean energy and water treatment technologies,
  • Milan based De Nora is a recognised leader in helping organisations find sustainable solutions for a variety of industrial processes, from basic chemicals production and electronics to energy storage and water treatment systems and solutions.

The major investments and acquisitions by Blackstone are mentioned below:

Aug 2020, Blackstone has entered into an agreement to acquire Takeda Consumer Healthcare Company Limited a wholly-owned subsidiary of Takeda in Japan for approximately $2.2 billion.

Aug 2020: Blackstone signed a definitive agreement to acquire Ancestry from Silver Lake, GIC, Spectrum Equity, Permira, and other equity holders for a total enterprise value of $4.7 billion. GIC will continue to retain a significant minority stake in Ancestry.

April 2020: Blackstone announced a strategic collaboration with Alnylam Pharmaceuticals to support the advancement of innovative RNA interference (RNAi) medicines by the Alnylam. Blackstone support Alnylam with approximately $2 billion.

March 2020: Blackstone will acquire a majority stake in Massachusetts based HealthEdge, a leading technology business that delivers next generation Core Administrative Processing Systems (CAPS) solutions to healthcare businesses.

November 2019: Blackstone Life Sciences along with Ferring Pharmaceuticals announced the joint investment of over $570 million in nadofaragene firadenovec (rAd-IFN/Syn3), an investigational novel gene therapy in late stage development for patients with high-grade, Bacillus Calmette-Guérin (BCG) unresponsive, non-muscle invasive bladder cancer (NMIBC).

November 2019: Blackstone Real Estate Income Trust (“BREIT”) announced the closing of the previously announced 95%/5% BREIT-led joint venture with MGM Resorts to acquire the real estate assets of the Bellagio for approximately $4.25 billion.

October 2019: Blackstone Real Estate Partners IX, an affiliate of Blackstone announced the acquisition of 65% controlling interest in Great Wolf Resorts, Inc.. Great Wolf is a leading owner and operator of family-oriented entertainment resorts, with 18 resorts around the country. As part of the transaction, Blackstone and Centerbridge will form a new $2.9 billion joint venture to own the Company.

September 2019: Blackstone Real Estate Partners IX, an affiliate of Blackstone announced an agreement to acquire Colony Industrial, the industrial real estate assets and affiliated industrial operating platform of Colony Capital, for an aggregate purchase price of $5.9 billion.

About Blackstone
New York City based Blackstone is a world’s leading investment firm. The company has $571 billion of asset management businesses which includes investment vehicles focused on private equity, real estate, public debt and equity, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.

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