'Blackstone Said To Weigh Stake Sale In HH Global, Could Value HH Global At £2 Billion To £2.5 Billion' - Bloomberg News
Portfolio Pulse from Benzinga Newsdesk
Blackstone is considering selling its stake in HH Global, which could value the company at £2 billion to £2.5 billion, according to Bloomberg News.
July 19, 2024 | 3:25 pm
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Blackstone is considering selling its stake in HH Global, which could value the company at £2 billion to £2.5 billion. This move could impact Blackstone's portfolio and liquidity.
The potential sale of Blackstone's stake in HH Global could provide significant liquidity and positively impact Blackstone's portfolio valuation. This news is likely to be viewed positively by investors, leading to a short-term increase in Blackstone's stock price.
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