World & BusinessBlackstone reportedly shelves $3 billion sale of aging private equity stakes
Bloomberg reports that buyers spurned the older stakes, which Blackstone had spent months trying to sell.
TLDR
Bloomberg reports that Blackstone shelved a $3 billion deal as buyers spurned aging private equity stakes. The firm had spent months trying to offload the holdings.
Blackstone reportedly shelves $3 billion sale of aging private equity stakes
Bloomberg reports that buyers spurned the older stakes, which Blackstone had spent months trying to sell.
TLDR
Bloomberg reports that Blackstone shelved a $3 billion deal as buyers spurned aging private equity stakes. The firm had spent months trying to offload the holdings.