BX - What's Going On With Blackstone Shares Today? | Benzinga
Blackstone Inc. (NYSE:BX) shares are trading higher on Tuesday.
The company disclosed that private equity funds affiliated with Blackstone entered into a definitive agreement to acquire Trystar, a premier provider of electrical equipment used for backup power solutions.
According to Benzinga Pro, BX stock has gained over 30% in the past year.
In another development, Blackstone and CVC Capital Partners Plc are among the private equity firms considering bids for StandardAero, potentially valuing the aircraft maintenance services provider at over $10 billion, including debt, reported Bloomberg.
Veritas Capital has shown preliminary interest in acquiring the Carlyle-backed business, ...