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Blackstone offers $3.05 billion for office developer Soho China - Metro US

Blackstone offers $3.05 billion for office developer Soho China

FILE PHOTO: The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange

(Reuters) – Office developer Soho China Ltd on Wednesday said it received a takeover offer from private equity giant Blackstone Group for HK$23.66 billion ($3.05 billion).

The company said its listing on the Hong Kong stock exchange would be maintained after the offer is closed.

($1 = 7.7620 Hong Kong dollars)

(Reporting by Anushka Trivedi in Bengaluru; editing by Jason Neely)

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