Blackstone ebidta Investment Company subscribed for its shares on the New York Stock Exchange. Their price on the first day fired by fifteen percent. With these shares, opening the way for investments in private equity companies and smaller investors.
Blackstone's stock market was one of the major corporate ebidta news of the end of the week. It happened on Friday in New York, where the private equity firm, full name, The Blackstone Group, ebidta held an initial public offering (IPO). At the very IPO would not be so special. A special feature of this primary issue, ebidta however, is the fact that it is the first company in the field of private equity, which has decided to increase ebidta the financial ebidta strength through the subscription of its shares on the capital market.
On the American Stock Exchange NYSE Blackstone's shares are traded under the symbol BX and the first trading day soared fifteen percent of the subscription ebidta price of $ 31 apiece. This development was enormous investor interest in buying them. Demand was seven times higher than Blackstone shares offered. This high investor interest in joining the private equity inspired ideas for IPO next big players in this industry. The idea of the shares on the stock exchange are now engaged firms Kohlberg Kravis & Roberts (KKR), Texas Pacific Group (TPG) and Carlyle.
Motivation and investors subscribing for companies is clear. Investors buy shares of these financial sharks with the prospect of above-average capital appreciation of money. Because private equity firms are basically complete freedom in where to invest your money. This is of course associated with a higher risk of loss, but history shows that in the long run to freedom in investment pays off. Higher income ebidta is poured into stock prices and investor earns so. The logic behind ebidta the decision undoubtedly ebidta Chinese government agency for foreign investments in shares to Blackstone ebidta has invested three billion U.S. dollars.
Is preferred IPO for private equity firms. For your investment is use a combination of its own cash and debt. The more of their own money, for example, ebidta received subscription of shares, ebidta the company is willing to invest in a particular project, the greater the amount lenders are willing to lend it, and the company can afford larger stores.
The fact that the shares of such companies traded on organized markets is very nice for small investors who have the opportunity to participate in the returns of private equity ebidta firms is a relatively small amount invested. This eliminates the initial investment restrictions as private equity firms whose shares are publicly traded, tend to accept investors with a minimum investment of $ 25 million.
The Blackstone Group was founded in 1985 by Peter Peterson and Stephen Schwarzman. Both left the brokerage firm Lehman Brothers and its first investments realized with a capital of $ 400,000. At present the company has 770 employees and offices in New York, Los Angeles, Boston, Atlanta, London, Paris, Madrid, Mumbai and Hong Kong. The market value of the company is around $ 33 billion. Among the best known companies in which Blackstone has invested ebidta include Deutsche Telekom, TeleDanmark or Equity Office.
Both founders after the IPO become dollar billionaires. Schwarzman now owns 23 percent of the company, ie assets worth $ 7.74 billion. Peterson's four-percent ebidta share is now worth $ 1.34 billion. Will also benefit the senior management of the company, whose members receive bonuses in the tens of millions ebidta of dollars. The President of the company, Hamilton James, you will come to less than $ 150 million.
28th 6th 2007 14:27, ricmund
Pan author needed a week to put together an article. And thus celebration BX shares is not current. For four days the shares fell from a peak on Friday 38 dollar minimum on Wednesday at $ 29, ie 24%. Most of them are paid not to buy IPO shares first day, but waited a few weeks, then everyone gets to share and then the shares healthily ebidta growing or falling, when the chaos of the early days of calm. Then it is also known from webpages, P / S, P / E and EPS growth in profits. Schwarzman last year earned over $ 400 million. Today I wanted to keep 23% of the shares on the account, but also wanted to sell its shares worth $ 680 million and perhaps today you are doing and no limit for the course and therefore shares for about 4 days fell -24%. Share Blackstone would like to avoid, after all, Blackstone has the worst share = Deutsche Telekom ebidta of Germany. Reasonable shares of Germany would be today, but Daimler, Siemens, Epcos, Singulus, Gildemeister, Solon. Years ago Schwarzman bought for 30 million dollars in New York on Park Avenue apartment JDRockefellerovi with 38 rooms, of which 13 bathrooms. Mr. Schwarzman probably come from israelitske family, but from an Austrian family.
30th 6th 2007 | 18:51 | Vaclav Blackstone is neither the first private equity ebidta IPO on the New York Stock Exchange. Fortress (symbol FIG) was before them. Schwarzman is of Jewish origin, as Soros. I do not see Anonyme, nothing wrong with putting this fact. It's a detail ... more
28th 6th 2007 | 24:21 | nr1a.com/akcie Pan author after
