General Electric (GE) is selling most of the real estate and other remaining assets of its GE Capital unit, the financial arm that was once the largest part of the company. The company expects to get $26.5 billion from various buyers, including Blackstone Group (BX) and Wells Fargo (WFC). But as an … [Read more...] about 4.21.15: GE Selling Most of GE Capital to Blackstone and Wells Fargo
8.7.13: Blackstone Is Expected to Sell Hilton in IPO
As private equity firms rush to cash in on their investments, the Blackstone Group is moving to sell one of the biggest companies to go private in recent years. Hilton Worldwide, the hotel giant that Blackstone bought six years ago, has begun preparations for an initial public offering (IPO), people … [Read more...] about 8.7.13: Blackstone Is Expected to Sell Hilton in IPO