Blackstone in Talks to Buy Sime Darby Assets in Australia

  • Acquisition of property said valued at about A$250 million
  • Sime Darby seeking to sell as part of 'monetization' plan

Blackstone Group LP is in talks to acquire industrial property assets in Australia valued at about A$250 million ($190 million) from Malaysian palm-oil producer Sime Darby Bhd., according to people familiar with the matter.  

To continue reading this article you must be a Bloomberg Professional Service Subscriber.