SoftBank's Vision Fund sold its entire stake in chipmaker Nvidia in January, the company said on Wednesday.
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Blackstone agrees to buy majority stake in Tallgrass Energy for about $3.3 billion in cashBlackstone Group L.P. said Thursday its Blackstone Infrastructure Partners unit has agreed to acquire a majority stake in Tallgrass Energy LP for about $3.3 billion in cash. Affiiates of the Singaporean sovereign wealth fund GIC will be a minority investor in the deal, which is expected to close in the first quarter. "This transaction represents a rare opportunity to invest in a large-scale U.S. midstream infrastructure platform that connects high-production supply basins to key markets and is underpinned by long-term contracts," Sean Klimczak, global head of infrastructure at Blackstone said in a statement. Blackstone shares were not yet active premarket, but have fallen 9.3% in the last 12 months, while the S&P 500 has fallen 5.1%.
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After Failing To Secure Buyout, Papa John’s Announces $200 Million Investment From Hedge Fund Starboard ValueJohn Schnatter, the company's embattled founder, voted against the transaction.
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Papa John's picks hedge fund Starboard over founder for investmentPapa John's International Inc unveiled an investment of up to $250 million ...
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