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New Deal


Announced

Blackstone to acquire a majority stake in Barnängen 6 property from Angelo Gordon.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Private

Friendly

Single Bidder

Private Equity

Pending

Real Estate Holding and Development

office building

Sweden

Acquisition

Majority

Cross Border

Synopsis

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Blackstone, a private equity firm, agreed to acquire a majority stake in Barnängen 6 property, an office property, from Angelo Gordon, an investment firm. Financial terms were not disclosed. “Barnängen 6 is located in one of Stockholm's most dynamic and popular areas. This transaction demonstrates our long-term belief in high-quality office properties in Stockholm, where demand for modern and flexible office solutions continues to grow,” Michael Swank, Blackstone Senior Managing Director,

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