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New Deal


Announced

Completed

BNP Paribas Arbitrage, American Funds, APG and Integrated Core completed the acquisition of a 6% stake in Embassy REIT from Blackstone for $275m.

Financials

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Transaction Value£203m
Consideration TypeCash
Capital Owned-
Capital Bid For6%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Friendly

Cross Border

Acquisition

Completed

Commercial REITs

real estate investment trust

India

Single Bidder

Minority

Private

Private Equity

Synopsis

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Investors BNP Paribas Arbitrage, American Funds, APG Group and Integrated Core Strategies, completed the acquisition of a 6% stake in Embassy REIT, India's first publicly listed REIT, from Blackstone for $275m.

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