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Blackstone Inc. shares fall 1.23% intraday as New World Development's potential take-private deal discussions with Blackstone are in early stages.
ByAinvest
Thursday, Aug 7, 2025 3:22 pm ET1min read
Blackstone Inc. declined 1.23% intraday, with the company being mentioned in a potential take-private deal for Hong Kong property developer New World Development. The discussions, which could involve preferred or ordinary equity, are in the early stages and subject to change. Additionally, F&G Annuities & Life, Inc. announced a strategic partnership with a new reinsurance vehicle backed by Blackstone managed funds, with approximately $1 billion in anticipated capital commitments.
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