Blackstone and Macquarie on Friday dismissed as 'completely false' an Italian newspaper report about possible ownership changes at the company. The denial came after Il Sole 24 Ore said Macquarie was looking to buy a 50% stake in Blackstone's infrastructure arm. Both companies denied the report, stating that there were no discussions or plans for such a transaction.
According to Bloomberg, Blackstone Inc. is the frontrunner to win a roughly $17 billion portfolio of commercial-property loans from the Federal Deposit Insurance Corp (FDIC). This acquisition would further strengthen Blackstone's position in the real estate market.
Blackstone has emerged as the lead contender in the purchase of the $17 billion portfolio of commercial-property loans from the FDIC's sale of Signature. This move solidifies Blackstone's presence in the commercial property sector and demonstrates its commitment to expanding its portfolio.