04:59 AM EST, 11/04/2024 (MT Newswires) -- Blackstone (BX) is in advanced discussions to acquire Retail Opportunity Investments ( ROIC ) , Reuters reported Sunday, citing people familiar with the matter.

A transaction could be finalized in the coming weeks, but a deal is not guaranteed, anonymous sources told Reuters.

Blackstone and Retail Opportunity did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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