NYSE:BXCapital Markets
Blackstone’s Broadcom Credit Talks And Skroutz Deal Reshape Growth Story
Blackstone (NYSE:BX) is reported to be in talks to provide about $35b in private credit financing to Broadcom to support advanced AI chip development.
The company has also agreed to acquire a majority stake in Greek e-commerce platform Skroutz, expanding its presence in technology focused businesses and international markets.
These developments come as Blackstone trades around $121.40 per share, with the stock up 5.7% over the past month but down 23.6% year to date and 15.6% over the past...