By Hadeel Al Sayegh, Federico Maccioni and Yousef SabaKuwait Petroleum Corporation is asking some global funds bidding for a $7 billion stake in its oil pipeline network to recruit other investors to help consolidate bids, three sources familiar with the matter told Reuters.This will also ensure sm…
By Hadeel Al Sayegh, Federico Maccioni and Yousef SabaKuwait Petroleum Corporation (KPC) is asking some global funds bidding for a $7 billion stake in its oil pipeline network to recruit other investors to help consolidate the string of firms that lodged bids, three sources familiar with the matter…
U.S.-based investment manager Columbia Threadneedle and Germany's Patrizia have agreed to merge their British property trusts, the companies said on Thursday, in line with a trend for real estate investors to seek increased scale to weather high borrowing costs.($1 = 0.7517 pounds)
By Iain WithersBarclays' £750 million ($993 million) acquisition of its London headquarters marks Europe’s biggest office deal in nearly four years, offering a potential boost to Canary Wharf after a prolonged slump in investment activity.The former Docklands area became a symbol of the global offi…
Digital Realty Trust NYSE:DLR fell 5.29% in premarket after Blackstone NYSE:BX agreed to sell its stakes in three Northern Virginia data centers to Digital Realty for $3.5 billion. Digital Realty will pay $1.2 billion in cash and $2.3 billion in its own shares for Blackstone's 80% interest in two 9…
AI SPENDING SPREE BY U.S. HYPERSCALERS MAY OBSCURE RISING FINANCIAL RISKSTechnology companies’ heavy spending to gain an edge in artificial intelligence could pose a systemic financial risk because of the aggressive structures used to obscure their true outlays and revenues, Mark Malek, chief inves…
Blackstone NYSE:BX is moving to sell stakes in three Northern Virginia data centers to Digital Realty Trust NYSE:DLR for $3.5 billion, locking in proceeds from part of a major AI infrastructure bet made less than three years ago. Digital Realty will fund the deal with $1.2 billion in cash and $2.3…
Brokerage Oppenheimer downgraded major U.S. investment banks including Goldman Sachs NYSE:GS and Morgan Stanley NYSE:MS in an unusual move on Tuesday, saying current valuations leave limited room for further gains despite a favorable operating environment.Instead, it recommended investors sell larg…
The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday:** Deutsche Bank XETR:DBK said that Kotak Mahindra Bank NSE:KOTAKBANK would acquire its retail banking and wealth management business in India, as the German bank aims to streamline operations and redeploy…
Brokerage Oppenheimer downgraded major U.S. investment banks including Goldman Sachs NYSE:GS and Morgan Stanley NYSE:MS in an unusual move on Tuesday, saying current valuations leave limited room for further gains despite a favorable operating environment.Instead, it recommended investors sell larg…
The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday:** British lender Barclays LSE:BARC acquired a 999-year leasehold interest in its global headquarters at London's Canary Wharf in a deal valued at £750 million ($992.78 million).** India's Adani Ports and S…
Digital Realty NYSE:DLR will acquire a larger stake in three data centers in Northern Virginia from asset manager Blackstone NYSE:BX in a $3.5 billion cash-and-stock deal, the companies said on Monday.Under the deal, which is expected to close on Tuesday, the data center company will pay $1.2 billi…
Increases Ownership in New, High-Quality, Fully-Leased Hyperscale Assets in Top U.S. MarketAUSTIN, Texas and NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- Digital Realty NYSE:DLR, the world’s largest cloud- and carrier-neutral data center platform, and Blackstone Inc. NYSE:BX today announced that Dig…
-- Source link: https://tinyurl.com/26kmzs22-- Note: Reuters has not verified this story and does not vouch for its accuracy
