ABU DHABI / AD MEDIA OFFICE The Sheikh Zayed Book Award (SZBA), organised by the ...
Read More »Blackstone’s Q1 profit down by 77 percent as asset sales slow
Bloomberg Blackstone Group LP, the world’s largest manager of alternative assets, said first-quarter profit fell 77 percent as rocky markets curbed asset sales and new buyouts. Its real estate operation struck two massive deals: a $6.5 billion sale of Strategic Hotels & Resorts Inc. to China’s Anbang Insurance Group Co., which is expected to close later this year, and ...
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