Deals Rumor Mill: Blackstone, SimplyBiz, Telecom Italia

By Adam Rhodes (February 21, 2018, 8:15 PM EST) -- Private equity giant The Blackstone Group LP is reportedly close to inking a $600 million to $650 million deal to take a sizable stake in the office rental business of Indiabulls Real Estate, Indian daily newspaper The Economic Times reported on Wednesday. According to the report, Blackstone is set to take a 49 percent stake in the deal, which the paper said values the portfolio at nearly $1.2 billion. The article touted Blackstone as "one of the largest owners of commercial real estate properties in India."...

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