TITLE

Bluestar to shine bright with Blackstone

AUTHOR(S)
Tan, Florence
PUB. DATE
September 2007
SOURCE
ICIS Chemical Business;9/24/2007, Vol. 272 Issue 11, p21
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the private equity firm Blackstone Group Inc. has purchased a significant stake in Bluestar Inc., a subsidiary of state-owned China National Chemical Corp., in China. Blackstone made its move after selling 9% of itself to the Chinese government in May for $3 billion. Bluestar is already producing phenol and bisphenol A (BPA) feedstocks.
ACCESSION #
27214459

 

Related Articles

  • Blackstone Back in China.  // Investment Dealers' Digest;9/10/2007, Vol. 73 Issue 34, p12 

    The article reports on the investment of Blackstone Group Inc. in China. The company is investing $500 million in China National Bluestar and acquiring a minority stake in the Chinese chemical concern. However, the company is expected to purchase a 20% to 40% interest in the business, which is...

  • ChemChina to Sell 20% Equity in BlueStar to Blackstone.  // China Chemical Reporter;9/16/2007, Vol. 18 Issue 26, p7 

    The article announces the strategic partnership between China National Chemical Corporation (ChemChina) and the Blackstone Group to become an international leader in chemical industry in China. The primary purpose of the partnership is for business expansion in the international market....

  • Development Course of BlueStar.  // China Chemical Reporter;2/6/2008, Vol. 19 Issue 4&5, p29 

    The article focuses on the strategic alliance between China National Chemical Corp. and Blackstone Group Inc. based in the U.S. Both companies will establish a strategic partnership to jointly create a world leading company dealing in chemical new materials and specialty chemicals. Blackstone...

  • Blackstone and ChemChina Bid for Agchem Firm Nufarm. Young, Ian // Chemical Week;11/14/2007, Vol. 169 Issue 37, p6 

    The article reports on a takeover bid received by Nufarm from a consortium of private equity firms Blackstone Group and Fox Paine Management, and China National Chemical Corp. Nufarm plans to recommend the offer to its shareholders. Analysts say the offer is at a fair price, but they speculate...

  • ChemChina to Purchase Nufarm.  // China Chemical Reporter;11/26/2007, Vol. 18 Issue 33, p7 

    The article reports on the agreement among China National Chemical Corp. (ChemChina), The Blackstone Group and Fox Paine Management to purchase Australia's Nufarm Ltd. for a consideration of U.S.$2.75 billion in cash. Nufarm is one of the world's leading crop protection companies, producing...

  • NDRC Nodded Blackstone for BlueStar Deal.  // China Chemical Reporter;1/26/2008, Vol. 19 Issue 3, p9 

    The article reports that the National Development and Reform Commission (NDRC) has officially approved the agreement of Blackstone Group Inc. for the 20% stake in China National BlueStar Group Corp. It is said that once the deal is complete, China National Chemical Corp. (ChemChina) will hold...

  • Blackstone wins contest for 46-hotel portfolio.  // EuroProperty;11/5/2007, p3 

    The article reports that U.S.-based private equity firm Blackstone Group Inc. has bought 46 hotels from Goldman Sachs Group Inc.'s Whitehall fund and American Westmont Hospitality Group. Some 24 of the properties are located in France, 16 are in Italy and six in Belgium. Blackstone's takeover of...

  • Blackstone snaps up US landlord.  // EuroProperty;2/19/2007, p2 

    The article informs that Blackstone Group Inc., a private equity firm, has acquired Equity Office Properties Trust, the largest property landlord in the U.S., for $39 billion. It is further informed that the private equity firm saw off a counterbid from Vornado Realty Trust immediately sold...

  • Foreign Capital's 2-Year OC Real Estate Push Tops $2B. Mueller, Mark // Orange County Business Journal;10/24/2016, Vol. 39 Issue 43, p57 

    The article presents real estate-related updates as of October 2016 including the purchase by Anbang Insurance Group Co. of premier resort properties, the sale by Blackstone Group of Newport Irvine Center and the acquisition by Welltower Inc. of senior housing properties.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics