Blackstone to acquire majority stake in R Systems for $359 m

Blackstone  has signed agreements with Satinder Singh Rekhi and other promoters to purchase a majority stake in R Systems International Limited for $359 million.  Rekhi and the other promoters currently hold about 52 per cent stake in R Systems, which Blackstone will acquire at ₹245 per share. Blackstone will also launch a conditional delisting offer, … Read more

What to Buy Right Now: 42 Picks From Barron’s Roundtable Pros

To everything there is a season: A time to hide in a bunker with a crash helmet on as stock and bond prices plummet, and a time to wade cautiously into the market in search of newly created bargains. If you’ve been reading the Barron’s Roundtable for a few years, or even decades, you already … Read more

Blackstone, Carlyle brace for private equity’s ‘terrible hangover’

Despite the sunny weather, the outlook was less rosy this week in Berlin, where the private equity industry met for its annual industry summit. In a week when the S&P 500 stock index fell into a bear market and both the US Federal Reserve and Bank of England raised interest rates, buyout bosses met in … Read more