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Blackstone

  • Village Hotels’ profit halved as 450 jobs created ahead of takeover

    July 15, 2024

    Village Hotels added more than 450 jobs but saw its pre-tax profit slashed in half in 2023 ahead of it being acquired by Blackstone, it has been revealed.

  • Knight Frank: Investment in UK hotels jumps 50 per cent in a year

    July 1, 2024

    Major deals by Blackstone, Landsec and Starwood Capital contributed to over £3bn of investment into UK hotels in the first half of 2024, already surpassing the total for last year by 50 per cent, Knight Frank data has revealed.

  • Blackstone checks in at Village Hotels as takeover announced

    June 26, 2024

    US private equity giant Blackstone has completed the acquisition of Village Hotels, it has been announced.

  • Hipgnosis Songs Fund pays directors extra £250,000 for work on deal

    June 17, 2024

    If the sale goes through, all fiver directors are expected to step down from the fund.

  • Blackstone in ‘exclusive’ talks to buy Village Hotels

    June 4, 2024

    Private equity investor Blackstone is reportedly in exclusive talks to buy mid-market chain Village Hotels for circa £850m.

  • US private equity giant Blackstone snaps up 1,700 homes from Vistry as it drives to become major UK landlord

    June 4, 2024

    Blackstone and Regis Group have inked a deal to buy 1,700 homes from developer Vistry.  The private equity firm and its joint venture partner Regis will shell out £580m for the portfolio of new build homes across the South East of England.

  • Blackstone ups Hipgnosis takeover bid… by one cent

    June 3, 2024

    Blackstone has upped its offer for Hipgnosis Songs Fund in an attempt to sweeten the deal for shareholders in its takeover pursuit.

  • Blackstone: Investment manager enters £850m race for Village Hotels

    May 29, 2024

    Private investment giant Blackstone has reportedly entered the £850m auction to buy mid-market hotel chain Village Hotels. 

  • Blackstone triumphs in Hipgnosis bidding war as Concord refuses to raise offer

    May 9, 2024

    The bidding war first broke out on 18 April, after Concord initially offered $1.4bn for the portfolio of the music rights trust.

  • BT taps Blackstone boss to lead communications team

    May 2, 2024

    British telecoms firm BT has tapped top Blackstone executive Stephen Lewis to join its executive management team and lead all communications.

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