On the conclusion of the deal, Blackstone will control Soho China. Photo: Simon Song
China’s antitrust regulator starts review of Blackstone’s US$3 billion acquisition of property firm Soho China
- Blackstone was notified last week that the State Administration for Market Regulation had accepted its application for the takeover
- Private-equity firm’s offer represents an about 40 per cent discount on Soho China’s audited book value as of the end of last year
On the conclusion of the deal, Blackstone will control Soho China. Photo: Simon Song
