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Blackstone IPO: An Investment Opportunity
Posted by Stock Online Trader on May 23, 2007 in Investment, Stock Review
For the first time China has decided to make a direct investment in a U.S. private equity fund by investing $3 billion from its currency reserves of $1.2 trillion in private equity firm in U.S. called The Blackstone Group. The Blackstone GroupPrivate equity firms buy companies or take controlling stakes, cut costs, restructure the businesses [...]