Blackstone to Become Federal Bank's Largest Shareholder Following Final Regulatory Nod

Benzinga_recent_news02-07

Blackstone (NYSE:BX) has secured regulatory approval to buy a 9.99 percent stake in Federal Bank. Blackstone's investment will be conducted through a Singapore-based affiliate, Reuters first reported....

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billion acquisition of Comerica and the $7.4 billion take-private deal for Air Lease Corporation led by Sumitomo Corporation, SMBC Aviation Capital, Apollo and Brookfield. \nPhoto: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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