Blackstone nears $3 billion deal for Soho China - Bloomberg News

SOHO China

16/06/2021 05:29

June 15 (Reuters) - Blackstone Group Inc  BX.N  is nearing a
deal to buy Hong Kong-listed office developer Soho China Ltd
 0410.HK , Bloomberg News reported https://www.bloomberg.com/news/articles/2021-06-16/blackstone-said-to-near-3-billion-deal-for-developer-soho-china?utm_content=business&utm_medium=social&utm_source=twitter&cmpid=socialflow-twitter-business&utm_campaign=socialflow-organic&sref=ZoyErlU1
 on Tuesday, citing people familiar with the matter.
    Soho China could be valued at about $3 billion in the deal,
which would be Blackstone's biggest real estate investment in
China and could be announced as soon as this week, the report
said.
    Blackstone did not immediately respond to a Reuters request
for comment.

 (Reporting by Derek Francis in Bengaluru; Editing by Aditya
Soni)
 ((derek.francis@thomsonreuters.com; +91-9986311363 and
@derekfrancis089 on Twitter;))