Bloomberg Reported Earlier, Blue Owl To Buy Atalaya For ~$800M After Earnouts
Portfolio Pulse from charles@benzinga.com
Blue Owl Capital Inc. (OWL) is set to acquire private credit firm Atalaya for approximately $800 million, including earnouts. This acquisition will add $10 billion in assets to Blue Owl's portfolio.
July 16, 2024 | 10:07 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Blue Owl Capital Inc. (OWL) is acquiring Atalaya for around $800 million, which will add $10 billion in assets to its portfolio. This move is likely to strengthen Blue Owl's market position and expand its asset base.
The acquisition of Atalaya by Blue Owl Capital is a significant move that will add $10 billion in assets to Blue Owl's portfolio. This expansion is likely to enhance Blue Owl's market position and asset base, which is expected to positively impact its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100