5/22/2025

In the first quarter, the Lazard US Equity Focus Portfolio declined 3.6%, outperforming its benchmark, the S&P 500 Index, which lost 4.3%. Read more here.

Source: SeekingAlpha

5/22/2025

Blackstone Inc. (NYSE:BX) has started the selling process of UK-based Clarion Events to gauge private equity interest after market disruption brought on by former US President Donald Trump’s tariff policies, according to four sources with knowledge of the situation. After purchasing Clarion for £600 million in 2017, the private equity behemoth helped the company withstand […]

Source: Yahoo

5/21/2025

NEW YORK (Reuters) -Blackstone Infrastructure's plans for data centers in New Mexico will be a deciding factor in whether stakeholders challenge the private equity group's $11.5-billion proposed acquisition of electric company TXNM Energy, the group that blocked TXNM's previous merger plan told Reuters this week. TXNM, which is a holding company for regulated utilities, including PNM in New Mexico, announced its sale agreement with Blackstone on Monday in the latest of several recent U.S. power industry deals propelled by rising electricity demand from Big Tech's AI data centers. The agreement will require the approval of state regulators, with input from PNM stakeholders, including the New Mexico Department of Justice, consumer advocates and clean power groups such as New Energy Economy.

Source: Yahoo

5/21/2025

Blackstone Inc. stock falls Wednesday, underperforms market

Source: MarketWatch

5/21/2025

Nikkei: * BLACKSTONE TAPS BANKS TO BROADEN PRIVATE-WEALTH BUSINESSINJAPAN * BLACKSTONE PLANS TO ADD MORE SALES CHANNELS IN JAPAN FORPRIVATE-ASSET FUNDS AIMED AT AFFLUENT...

Source: Finnhub

5/21/2025

P10 underperforms peers in total return and dividend yield, while trading at premium valuation with no clear growth catalysts ahead. Click to read why PX is a Sell.

Source: SeekingAlpha

5/21/2025

Source: SeekingAlpha

5/20/2025

LONDON/FRANKFURT (Reuters) -Blackstone has kicked off the sale of Clarion Events, four people familiar with the matter said, in a test of demand for takeovers after weeks of market turmoil stymied dealmaking. Blackstone bought Clarion, which runs international trade shows in electronics, gaming, energy, security and defence, in 2017 for 600 million pounds ($802 million) and supported it through the COVID pandemic, when the events industry came to a sudden halt, hammering the company's revenue and earnings. The U.S.-based private equity fund distributed information memoranda earlier this month and has drawn interest from funds including CVC, KKR, PAI Partners and Ardian, the four people said, speaking on condition of anonymity.

Source: Yahoo

5/20/2025

The acquisition provides significant capital to support TXNM's subsidiaries, PNM and TNMP.

Source: Yahoo

5/20/2025

Blackstone Inc. , which has a $50 billion investment portfolio in India, has submitted a non-binding offer of $1.5 billion for Statkraft SF?s local arm that houses a 2 gigawatt renewable energy...

Source: Finnhub

5/20/2025

Natural Gas Power Plants Are Energy’s Biggest Buyout Targets

Source: MarketWatch

5/19/2025

On May 19, Blackstone Inc.’s (NYSE:BX) infrastructure unit announced the acquisition of utility company TXNM Energy Inc. (NYSE:TXNM). Blackstone has agreed to pay $61.25 per share (a 23% premium) in cash, which implies a total enterprise value of $11.5 billion. TXNM Energy operates two electric utilities in New Mexico and Texas through its subsidiaries PNM […]

Source: Yahoo

5/19/2025

Yahoo Finance host Madison Mills tracks today's top moving stocks and biggest market stories in this Market Minute. New UK regulations will require buy now, pay later lenders to check shoppers' affordability before offering loans and provide quicker refund access. Blackstone (BX) is acquiring TXNM Energy (TXNM) for nearly $5.7 billion, marking another move in the growing energy sector. Nippon Steel (NISTF, NPSCY) plans to invest $14 billion in US Steel (X) operations if its acquisition bid is approved. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

Source: Yahoo

5/19/2025

TXNM Energy (TXNM) on Monday agreed to be acquired by Blackstone's (BX) infrastructure arm in a deal

Source: Yahoo

5/19/2025

Nvidia (NVDA) CEO Jensen Huang announced a wave of new technologies and partnerships at the Computex 2025 conference in Taiwan to reinforce the company’s dominance in AI computing space.

Source: SeekingAlpha

5/19/2025

By Colin Kellaher Asset manager Blackstone is expanding its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly $5.7 billion in cash. ...

Source: Finnhub

5/19/2025

Blackstone Infrastructure willacquire utility company TXNM Energy in an $11.5 billiondeal, including debt, as the investment firm bets on rising U.S.electricity demand and a shift to cleaner energy...

Source: Finnhub

5/19/2025

By Colin Kellaher Asset manager Blackstone is expanding its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly $5.7 billion in cash. TXNM on...

Source: Finnhub

5/19/2025

By Colin Kellaher Asset manager Blackstone is expanding its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly $5.7 billion in cash. TXNM on...

Source: Finnhub

5/19/2025

Blackstone's infrastructureunit will acquire TXNM Energy in a $11.5 billion deal,including debt, the utility firm said on Monday. Reuters reported last week that Blackstone was in...

Source: Finnhub