Blackstone (BX) Tops Q2 EPS by 5c; AUM Reached Record High
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Vanke seals deal with Blackstone, chips in $583 million
July 21, 2016 3:13 AM EDTHONG KONG (Reuters) - Developer China Vanke Co Ltd said on Thursday it and its partners have sealed a $1.9 billion deal with Blackstone Group LP (NYSE: BX) and third parties, with itself putting in 3.89 billion yuan ($583.02 million) to buy their property firms.
The deal was first made public last Tuesday, when Vanke disclosed it was in talks after its... More
