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Market Chatter: Blackstone to Take Japan's I'rom Private at 50% Preimum
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Market Chatter: Blackstone to Take Japan's I'rom Private at 50% Preimum
May 13, 2024 4:59 AM

07:39 AM EDT, 05/13/2024 (MT Newswires) -- Blackstone (BX) will make a tender offer to acquire I'rom Group shares at 2,800 yen ($17.96) per share -- about a 50% premium to the 1,873 yen per share closing price on Monday, Bloomberg reported, citing a company statement.

(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.)

Price: 124.30, Change: +0.26, Percent Change: +0.21

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