Jefferies: Downgrades Blackstone Group's target price to $161

Gelonghui reported on February 10 that Jefferies lowered its target price for Blackstone Group from $185 to $161.

Gelonghui Finance13:43 · Ratings

Express News | China Market Regulator: Approved Blackstone and Tpg’s Acquisition of Medical Technology Company Hologic

Breakings09:16

Backed by NVIDIA and funded by Blackstone, this AI startup in the Southern Hemisphere secures tens of billions in debt financing.

① Firmus, an Australian AI infrastructure company, announced that it has secured a $10 billion loan from investment entities including funds managed by Blackstone, to accelerate the deployment of AI factories; ② This transaction represents one of the largest private credit financings in Australian history. Firmus anticipates that by 2028, the 'South Gate Project' will establish a data center cluster with a maximum capacity of up to 1.6 gigawatts.

cls.cnFeb 9 18:11

Firmus Lands $10 Billion to Build AI Data Centers, With Nvidia (NVDA) at the Center

TipRanksFeb 9 17:09

Blackstone's Entry and NVIDIA's Support: Australian AI Company Secures $10 Billion in Financing, Plans IPO Within the Year

Firmus has secured a $10 billion loan financing, marking one of the largest private credit financing deals in the country. This financing is provided by funds led by Blackstone and will be used for the next phase of Firmus's data center expansion, which will utilize NVIDIA's chips. With its abundant resources and strategic location, Australia is playing an increasingly important role in the global AI infrastructure race.

wallstreetcnFeb 9 15:41

TPG Acquires Majority Stake in Power Infrastructure Company Sabre

Gelonghui February 9 | According to Reuters, private equity firm TPG has agreed to acquire a majority stake in Sabre Industries from Blackstone Group. Sources familiar with the matter revealed that the transaction values the power infrastructure company at approximately $3.5 billion. Blackstone will continue to hold a significant minority stake in Sabre, which is headquartered in Texas. Sabre's core business focuses on the utilities sector, producing components for power and telecommunications infrastructure, and employs around 2,800 people.

Gelonghui FinanceFeb 9 14:46