Blackstone to become New World Development's largest shareholder, Bloomberg reports
Jan 29 (Reuters) - Private equity giant Blackstone Inc BX.N is close to securing a deal that would make it the largest shareholder of Hong Kong's New World Development, Bloomberg News reported on Thursday. The property developer declined to comment to a Reuters' request. (Reporting by Rajasik Mukherjee; Editing by Tasim Zahid) ((Rajasik.Mukherjee@thomsonreuters.com;))
Recent news on New World Development
See all newsBrief: New World Development Says Early Payment Date Occurred On 20 October 2026
Brief: New World Development To Exchange And Cancel Existing Notes
Media: New World in talks with some banks to extend $11.2 billion loan - Bloomberg News
Brief: New World Development Says Exchange Instructions For Existing Notes Validly Tendered As Of Early Tender Date
New World expects to issue $189 million of new notes after early debt exchange results