Blackstone has offered to sell up to 25 percent of its stake in India's Knowledge Realty Trust. The base and oversubscription offer values the total transaction at over one billion dollars. The firm currently holds a 46.51 percent share in the real estate investment trust.
BLACKSTONE INC proposed to sell up to a 25.03% stake in India's Knowledge Realty Trust through an offer for sale, raising over $1.26 billion. The base offering covers a 16.69% stake, paired with an 8.34% overallotment option in case of oversubscription.
