EMBASSY GROUP SOLD WAREHOUSE BUSINESS

Highlights:

• Embassy Industrial park has been bought by Blackstone for about $700 million which is equivalent to Rs. 5,000 crore.
• The deal has given Blackstone a new opportunity in the warehouse industry.
• The deal indicates the end of the Em...

PANASONIC DECIDES TO FULLY ACQUIRE US. BLUE YONDER GROUP

Highlights –

• Panasonic decides to fully acquire the U.S Blue Yonder Group.
• Panasonic plans to strengthen its logistics business with Blue Yonder’s digital technology.
• Panasonic in 2020 had previously obtained a 20% stake in Blue...

BLACKSTONE GROUP INC. ACQUIRED CROWN RESORTS OF AUSTRALIA

Highlights:

• The company Blackstone Group Inc. has acquired the casino operator of Australia ‘Crown Resorts Ltd.’
• The Acquisition has been valued at 6 billion dollars

The company Blackstone Group Inc. has been su...

TAKEDA AIMS TO GO PUBLIC IN THE NEXT 5 TO 10 YEARS AFTER BLACKSTONE’S ACQUISITION

Highlights –

• Takeda Pharmaceutical aims to go public in the next 5 to 10 years after Blackstone’s acquisition.
• The unit needs to expand its business overseas in Chinese-speaking markets.
• Takeda plans to sell its drug unit to Bl...

TAKEDA CO. PLANNING TO SELL ITS OTC MEDICINE UNIT TO U.S BLACKSTONE GROUP INC.

Highlights –

• Takeda Co. planning to sell its OTC medicine unit to U.S Blackstone Group Inc.
• Takeda plans on selling the same for around $2.9 billion.
• Takeda aims to reduce its debt of $5.86 billion after its purchase of Shire Plc.