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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Blackstone Inc | NYSE:BX | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.98 | 0.84% | 117.59 | 120.55 | 115.82 | 116.54 | 4,142,689 | 00:58:28 |
From Nov 2023 to May 2024
-- Blackstone is in talks with potential advisers for a sale of its Tallinn, Estonia-based bank Luminor, Bloomberg reports, citing people familiar with the matter.
-- The sale could take place later in the year, the people said, according to the report.
-- Bloomberg reports that the private equity company is aiming for a valuation of 1.2 times the book value of the business for a potential sale.
-- Luminor had a book value of 1.6 billion euros (equivalent of about $1.74 billion) in 2022, Bloomberg reports.
Full article at https://news.bloomberglaw.com/banking-law/blackstone-is-said-to-prepare-baltic-bank-luminor-for-a-sale
Write to Zaeem Shoaib at zaeem.shoaib@wsj.com
(END) Dow Jones Newswires
January 22, 2024 14:24 ET (19:24 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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