Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, said it would raise as much as $2.37 billion from an initial public offering of its shares. Hilton said it expected to price the offering of 112.8 million shares at between $18 and $21 per share, according to a filing with the U.S. Securities and Exchange Commission on Monday. ()
The Blackstone Group L.P. (Blackstone) is a manager of private capital and provider of financial advisory services. Shares of BX remained unchanged at $28.58. In the past year, the shares have traded as low as $14.55 and as high as $28.73. On average, 4740570 shares of BX exchange hands on a given day and today's volume is recorded at 0.
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