Blackstone (NYSE:BX) Eyes 26 Percent Stake In Kolte-Patil For ₹8 Billion As It Enters Indian Residential Sector
Blackstone (NYSE:BX) recently made headlines with discussions to acquire a 26% stake in Kolte-Patil Developers Ltd., a move that coincides with a 6% increase in its share price over the past week. This acquisition represents Blackstone's further expansion into the Indian residential real estate market, diversifying from its existing investments in office spaces, shopping malls, and data centers. Despite broader market challenges, including declines in major indices like the Dow Jones and S&P...
Wall Street
2025-03-19
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