Blackstone plans bid for Rio with Chinese: paper
SYDNEY (Reuters) – Investment group Blackstone is planning a counterbid for Rio Tinto Ltd/Plc with a consortium believed to include China’s sovereign wealth fund, Britain’s Daily Telegraph newspaper reported on Monday.
DUBAI (Reuters) – Strong gross domestic product growth, a booming population, and surging wealth will fuel private equity deal activity across the Middle East and North Africa, according to Carlyle Group co-founder David Rubenstein.
About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
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