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Blackstone reaps $3.8 billion on the Orangina deal

Posted Sep 23rd 2009 11:20AM by Tom Taulli (RSS feed)
Filed under: Private Equity, Blackstone Group L.P (BX)

The past two years have been terrible for private equity firms. But, now we're seeing signs of life.

If fact, this week there was a liquidity event. That is, the Blackstone Group (NYSE: BX) and Lion Capital have received a binding offer to sell Orangina Schweppes to Suntory (a major Japanese drinks company). It appears that the price tag comes to $3.82 billion.

Continue reading Blackstone reaps $3.8 billion on the Orangina deal

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