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The Latest Breaking News from Blackstone

Legal & General Group Touts £5B Returns, Streamlined Strategy at AGM

Legal & General Group (LON:LGEN) used its 2026 annual general meeting to highlight progress on its strategy to become a “simpler, growing, and better-connected” business, while also marking major leadership changes at the board and executive level. Chair Sir John Kingman, presiding over his fin

MarketBeat

Reese Witherspoon Asked Hollywood One Question — The Answers Angered Her So Much She Built a $900M Company

Reese Witherspoon challenged Hollywood stigma with Hello Sunshine, a £710M media company championing female-led stories and redefining representation in film and television.

International Business Times UK

Blackstone pledges entire Mphasis stake to refinance loan

Singapore-based promoter entity BCP Topco IX Pvt Ltd, a Blackstone subsidiary, has pledged its holding to refinance its existing loan, with a fresh facility of up to $550 million from a consortium of global lenders.

The Economic Times

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AI Consolidation Begins: Blackstone & Google Forge an AI Empire

The Blackstone-Google joint venture is reshaping the AI cloud landscape, creating a new paradigm for institutional investment in core infrastructure.

MarketBeat

CCI okays Blackstone, other investors' proposal to acquire stake in AI firm Neysa Networks

India's competition regulator CCI has approved a deal. Blackstone-backed funds and other investors will acquire a stake in Neysa Networks. This AI acceleration cloud provider recently raised $1.2 billion. Neysa is set to scale up its operations. The company plans to deploy over 20,000 GPUs in India. This move supports…

The Economic Times

Google, Blackstone plan AI cloud venture with $5 billion backing: WSJ

Google and Blackstone are reportedly planning to launch a new AI cloud company, with Blackstone contributing $5 billion in equity for a majority stake. The venture will leverage Google's specialised AI chips, hardware, software, and services. Long-time Google executive Benjamin Treynor Sloss is slated to lead the new US-based company.

The Economic Times

As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In

Broadcom is surging, and now, private credit behemoths are reportedly in talks to extend funding. See the potential implications of a massive debt deal.

MarketBeat

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'No one was coming to save me': How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn't fix

The actress built Hello Sunshine after Hollywood told her there were no female-led movies to make. Six years later, she sold it for $900 million.

Fortune

Magnum Ice Cream Company Surges on Takeover Speculation. What to Know.

Magnum stock is soaring on reports that Blackstone and CD&R are interested in a buyout. But does that warrant buying MICC shares? Let’s find out!

Barchart

Blackstone, CD&R explore bids for Ben & Jerry's owner Magnum

Private equity firms Blackstone and CD&R are exploring bids for Magnum Ice Cream Company. Magnum was recently spun out of Unilever. The firms are monitoring Magnum's share price before making a decision. Magnum could offer a turnaround opportunity for buyout firms. Magnum holds a significant share of the global ice…

The Economic Times

Blackstone raises $1.75 bn in data centre REIT IPO

Blackstone has successfully raised $1.75 billion through its initial public offering for a new trust focused on artificial intelligence infrastructure. This significant funding underscores strong investor interest in data centers driven by the AI boom. The trust plans to acquire established data centers valued between $250 million and $1.5 billion.

The Economic Times

Blackstone COO Jon Gray predicts ‘huge boom’ in blue-collar jobs—his own data center company is hiring 30,000 new roles

As AI threatens office jobs, Blackstone’s COO says it’s also creating thousands of high-paying trades jobs.

Fortune

Blackstone Has a New Data Center REIT. Its BXDC IPO Might Be a Little Too Late.

BXDC starts trading on May 14.

Barchart

India crowns Meta AI; More layoffs hit tech

India is now the ground zero for Meta’s AI push, WhatsApp chief Will Cathcart told us. This and more in today's ETtech Top 5.

The Economic Times

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The Economic Times

Jhunjhunwala-backed Bagmane Prime Office REIT lists at 3.5% premium over IPO price

Bagmane Prime Office REIT debuted on the NSE at Rs 103.50, a 3.5% premium to its IPO price, following a highly subscribed Rs 3,405 crore offering. The Bengaluru-focused REIT, backed by Blackstone, attracted significant investor interest, with its portfolio boasting high occupancy and marquee tenants like Google and Amazon.

The Economic Times

Mphasis playing host to a high-stakes game of executive musical chairs

Mphasis faces a wave of senior executive departures. Over a dozen high-performing leaders have left since 2025 for competitors such as Coforge and Tenarai. Some executives are reportedly taking other talent with them. Mphasis is actively hiring to counter these losses. The company has also initiated legal action against Coforge…

The Economic Times

Elon Musk, Tim Cook and other prominent US executives invited to join Trump on trip to China

President Donald Trump embarks on a trip to China this week to meet President Xi Jinping. Several prominent US executives from technology and agriculture sectors are joining the delegation. Discussions will focus on trade and artificial intelligence. Key figures include Elon Musk and Tim Cook. Other notable attendees represent major…

MarketBeat

Sony's $4 Billion Bet on Rock & Roll Royalties

Sony Group's acquisition of Blackstone's music catalog solidifies streaming royalties as a premier, institutionally-backed asset class for investors.

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International Business Times UK

Sony Wants to Spend $4B on Justin Bieber and Neil Young Songs — Here's Why They Are Worth So Much

Sony and GIC near a $4 billion acquisition of Blackstone's Recognition Music Group, securing 45,000 iconic songs from artists like Bieber and Neil Young. Discover the impact on the music industry.

The Times of India

Who is Erik Moresco? Ex-Blackstone MD buys Scotland’s Cameron House for £100M

Cameron House, one of Scotland’s best-known luxury hotels, has been sold in a deal reportedly valued at up to £100 million to Victory Group, a hospitality and real estate investment company founded by Erik Moresco, according to The Times (UK).

International Business Times UK

Behind Anthropic's $1.5B Deal: Wall Street's New AI Weapon in the Race to Dominate Enterprise Tech

Anthropic partners with Wall Street firms in a $1.5B AI venture to integrate AI into private equity firms, reshaping finance and investing.

Fortune

Anthropic takes shot at consulting industry in joint venture with Wall Street giants

The enterprise services firm with Blackstone, Goldman Sachs and Hellman & Friedman puts Anthropic in direct competition with McKinsey and the like.

Fire it up! 5 outdoor griddles you need for this year's barbecue season

It’s all about the griddle in 2026 – and these are the best ones you can buy

Fortune

Blackstone's Steve Schwarzman built a program to teach young leaders about China. It's harder to get into than Harvard

Inspired by the Rhodes Scholar program, Schwarzman's philanthropic initiative brings students in their early-to-mid-20s to spend a year immersed in understanding how China works.

Fortune

The startup Blackstone just backed to turn any exec’s data question into instant answers

Ethan Ding cofounded TextQL in 2022 with Mark Hay, and the startup just closed $17 million in strategic investment led by Blackstone.

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