Last $36.42 USD
Change Today +0.3607 / 1.00%
Volume 3.3M
BX On Other Exchanges
Symbol
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As of 1:37 PM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

blackstone group lp/the (BX) Snapshot

Open
$36.10
Previous Close
$36.06
Day High
$36.43
Day Low
$35.95
52 Week High
01/26/15 - $36.43
52 Week Low
10/16/14 - $26.56
Market Cap
41.5B
Average Volume 10 Days
4.3M
EPS TTM
$3.85
Shares Outstanding
520.5M
EX-Date
10/23/14
P/E TM
9.5x
Dividend
$1.76
Dividend Yield
5.33%
Current Stock Chart for BLACKSTONE GROUP LP/THE (BX)

blackstone group lp/the (BX) Details

The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations. The firm manages separate client focused portfolios. It launches and manages private equity funds, real estate funds, funds of hedge funds, and credit-focused funds for its clients. It invests in private equity, public equity, fixed income, and alternative investment markets. The Blackstone Group L.P. was founded in 1985 and is based in New York, New York.

2,010 Employees
Last Reported Date: 02/28/14
Founded in 1985

blackstone group lp/the (BX) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: $350.0K
President, Chief Operations Officer, Director...
Total Annual Compensation: $34.8M
Chief Financial Officer and Senior Managing D...
Total Annual Compensation: $7.6M
Vice Chairman, Vice President and Director of...
Total Annual Compensation: $11.4M
Chief Legal Officer and Senior Managing Direc...
Total Annual Compensation: $4.6M
Compensation as of Fiscal Year 2013.

blackstone group lp/the (BX) Key Developments

CRH In Discussions To Acquire Holcim And Lafarge Assets

CRH plc (ISE:CRG) is the leading bidder for the assets of Lafarge S.A. (ENXTPA:LG) and Holcim Ltd. (SWX:HOLN), according to people familiar with the matter. CRH submitted the best offer so far of about €6 billion, the people said, asking not to be identified because the talks are not public. CRH confirmed in a statement that is in talks with Lafarge and Holcim about a potential purchase of assets, adding it would probably use cash, debt and an equity placing to fund such as deal. Representatives for Lafarge, Holcim and declined to comment. A deal would allow Dublin-based CRH to move into new markets and expand its presence in existing ones. CRH said today that there’s no certainty that the current discussions will lead to any transaction. Holcim and Lafarge are seeking to divest businesses with revenue of about €5 billion to ensure regulatory approval for the deal. CRH has been competing with bidders including a group led by The Blackstone Group L.P. (NYSE:BX). CRH took the lead after being shortlisted with the Blackstone team that included Cinven Limited and Canada Pension Plan Investment Board.

The Blackstone Group L.P. Announces the Resignation of Nadeem Meghji from the Board of Directors

The Blackstone Group L.P.'s board of directors, Nadeem Meghji has informed the company that he has resigned from the company's board of directors.

Lafarge And Holcim Receives Bids For Its Assets

Holcim Ltd. (SWX:HOLN) and Lafarge S.A. (ENXTPA:LG) are seeking to sell its assets valued at about $6 billion. CVC Capital Partners Limited teamed up with GIC Pte. Ltd., The Blackstone Group L.P. (NYSE:BX) made a bid with Cinven and Canada Pension Plan Investment Board (CPPIB), people familiar with the matter said, asking not to be identified as the talks are private. CRH plc (ISE:CRG) also bid for most of the assets, one of the people said. The winner of the portfolio may be announced as soon as next month, people added. Spokesmen for Lafarge and Holcim declined to comment, as did representatives for Blackstone, CVC, Cinven, CPPIB and CRH. A spokesman for GIC didn’t respond to an e-mail seeking comment.

 

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