Blackstone to Take Retail Opportunity Investments Private

Blackstone Real Estate to Take Retail Opportunity Investments Private for $4 Billion
Blackstone and Retail Opportunity Investments Corp. announced via a press release this week that they have entered into a definitive agreement under which Blackstone Real Estate Partners X will acquire all outstanding common shares of ROIC for $17.
Blackstone's Latest Real Estate Buy Features Simpson Lawyers
Simpson Thacher & Bartlett and Clifford Chance scored lead roles on Blackstone’s $4 billion deal to take Retail Opportunity Investment Corp. private.
Blackstone Buys Retail Opportunity in $4B Deal
Blackstone has announced its acquisition of Retail Opportunity Investments Corp. (ROIC) in a deal valued at approximately $4 billion. The all-cash transaction, set at $17.50 per share, marks a substantial premium of 34% over ROIC's closing share price on July 29, 2024, just before rumors of a potential sale began circulating.
Blackstone Real Estate to take Retail Opportunity Investments private in $4B deal
Blackstone (NYSE:BX) agreed to acquire Retail Opportunity Investments  (NASDAQ:ROIC) in an all-cash deal valued at ~$4B, including debt, though its Blackstone Real Estate Partners X fund, the companies said on Wednesday.
Blackstone Real Estate to Take Retail Opportunity Private in $4 Billion Deal
(Reuters) - Blackstone Real Estate on Wednesday entered into an agreement to take Retail Opportunity Investments Corp private in an all-cash transaction valued at about $4 billion, including debt.
Blackstone to Take Retail Opportunity Investments Private in $4 Billion Deal
Blackstone Real Estate will take shopping-center owner and operator Retail Opportunity Investments private in a $4 billion deal, adding to its portfolio of companies in the sector.New York investment-firm Blackstone said Wednesday it would purchase all of Retail Opportunity Investments’ outstanding shares for $17.
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Blackstone to take shopping mall operator ROIC private for $4bn
At the closing of the deal, ROIC will stop trading on the NASDAQ. On the deal, Jacob Werner, co-head of Americas acquisitions at Blackstone Real Estate, said in a statement, “This transaction ...
Hold Rating for ROIC Amidst Acquisition by Blackstone Reflecting Limited Upside Potential
BMO Capital analyst Juan C. Sanabria has maintained their neutral stance on ROIC stock, giving a Hold rating yesterday. Juan C.