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Thursday, February 7, 2013

Deals of the day - mergers and acquisitions, (NYSE: BX)

The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday: ** Builder Salini, which owns just under 30 percent of Impregilo, on Wednesday offered four euros cash for each ordinary share it does not own in Italy's largest construction group, valuing the whole company at about 1.6 billion euros ($2.17 billion).** U.S. private equity firm Blackstone Group, along with two other companies, have agreed to purchase a business park in south India for 19.5 billion rupees ($367 million), two sources with direct knowledge told Reuters.

The Blackstone Group L.P. (Blackstone) is a manager of private capital and provider of financial advisory services. Shares of BX traded higher by 0.97% or $0.1775/share to $18.40. In the past year, the shares have traded as low as $11.13 and as high as $19.25. On average, 4556340 shares of BX exchange hands on a given day and today's volume is recorded at 1029404.



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