BizFinance
Blackstone to sell IndCor Properties to Singapore’s GIC for $8.1 bln
Dec 1 (Reuters) – Blackstone Group LP said it would sell its U.S. industrial platform IndCor Properties to affiliates of Singapore sovereign wealth fund GIC Pte Ltd for $8.1 billion.
Oil price collapse roils US junk bond funds
BOSTON, Dec 2 (Reuters) – Collapsing energy prices have hit hard U.S. corporate junk bond funds, putting them on track for their worst performance in six years by squeezing the exploration and…
Silver Lake sells IPC Systems to Centerbridge for $1.2 bln
Dec 1 (Reuters) – Private equity firm Silver Lake Partners LP sold IPC Systems Inc, a financial trading communications provider, to investment firm Centerbridge Partners LP for about $1.2 billion,…
