Blackstone Hearts Finland’s Sponda
The Blackstone Group is fresh off its agreement to sell its European logistics unit Logicor to the China Investment Corporation (CIC). Blackstone Group made an offer to acquire all of Sponda’s shares for €1.8 billion. Sponda is a storied Finnish real estate company, which owns office and retail properties in the country’s biggest cities. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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