What's Going On With Blackstone Shares Today?
Portfolio Pulse from Nabaparna Bhattacharya
Blackstone Inc. (NYSE:BX) shares are trading higher following the announcement of a definitive agreement to acquire Trystar. Additionally, Blackstone and CVC Capital Partners are considering bids for StandardAero, potentially valuing it at over $10 billion. Carlyle is working with JP Morgan Chase & Co. (NYSE:JPM) and Morgan Stanley (NYSE:MS) to explore options for StandardAero, including a sale or IPO. Investors can gain exposure to private equity through EA Series Trust WHITEWOLF Publicly Listed Private Equity ETF (BATS:LBO) and Invesco Global Listed Private Equity ETF (NYSE:PSP).
July 16, 2024 | 4:23 pm
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NEUTRAL IMPACT
JP Morgan Chase & Co. is assisting Carlyle in exploring options for StandardAero, including a potential sale or IPO.
While JP Morgan's involvement in exploring options for StandardAero is notable, it is not the primary focus of the news and may have a limited short-term impact on the stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Morgan Stanley is working with Carlyle to explore options for StandardAero, including a potential sale or IPO.
Morgan Stanley's role in exploring options for StandardAero is important but secondary to the main news about Blackstone, likely resulting in a neutral short-term impact on the stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Blackstone shares are trading higher due to the acquisition of Trystar and potential bid for StandardAero.
The acquisition of Trystar and potential bid for StandardAero are significant moves that could enhance Blackstone's portfolio, driving investor confidence and pushing the stock price higher.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Investors can gain exposure to private equity through EA Series Trust WHITEWOLF Publicly Listed Private Equity ETF.
The news highlights the potential benefits of investing in private equity ETFs like LBO, which could see increased interest from investors.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 30
POSITIVE IMPACT
Investors can gain exposure to private equity through Invesco Global Listed Private Equity ETF.
The news highlights the potential benefits of investing in private equity ETFs like PSP, which could see increased interest from investors.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 30