ADVFN - Advanced Financial Network.
HOME» NYSE » B » BX Stock Price » BX Stock News

Blackstone Grp Lp Ut Share News

 Blackstone Grp Lp Ut Stock Price
BX Stock Price
 Blackstone Grp Lp Ut Stock Chart
BX Stock Chart
 Blackstone Grp Lp Ut Stock News
BX Stock News
 Blackstone Grp Lp Ut Company Information
BX Company Information
 Blackstone Grp Lp Ut Stock Trades
BX Stock Trades

Dublin High Court Finds Against Hutchison Challenge On Eircom - Sources

HONG KONG -(Dow Jones)- Hutchison Whampoa Ltd. (0013.HK), the ports-to-telecom operator owned by Hong Kong billionaire Li Ka-shing, has lost a motion in an Irish court to have its EUR2 billlion bid for troubled Irish telecom firm Eircom Ltd. "given due consideration," according to people familiar with the situation Friday. "The court has found against a challenge Hutchison and a related party had taken against the official Examiner appointed to Eircom," said one person. Last week, accounting firm Grant Thornton, which is handling the Irish telecom company's bankruptcy proceedings, or the examiner, rejected Hutchison's revised cash bid of EUR2 billion ($2.54 billion) in favor of giving control of the company to senior debt holders that are owed EUR2.7 billion. The creditors' meeting to finalize details, scheduled for Friday, will now go ahead, another person familiar with the situation said. Hutchison, which runs mobile operator 3 and owns ports globally, made its motion Tuesday in Dublin High Court jointly with DW Investment LP, a junior creditor of Eircom, the person said. Debt-ridden Eircom filed on March 30 for examinership--the Irish equivalent of bankruptcy protection--and Grant Thornton is its examiner, or the company handling the bankruptcy process. DW Investment LP, which owns EUR350 million in floating-rate notes of Eircom, stands to receive nothing under a restructuring plan by senior creditors that the examiner favors, but EUR50 million if Hutchison's bid wins. Eircom's senior creditors include the private-equity firm Blackstone. -By Nisha Gopalan, Dow Jones Newswires; 852-2832-2343; [email protected] --Eamon Quinn in Dublin contributed to this article

Stock News for Blackstone Grp Lp Ut (BX)
DateTimeHeadline
03/21/201707:29:00Blackstone Looks to Cash Out of European Warehouse Platform
03/20/201708:01:00Blackstone Announces Acquisition of the Windsor Atlantica Hotel...
03/15/201717:00:00Blackstone Mortgage Trust Declares $0.62 Per Share Dividend
03/14/201715:39:00Fund Investors Load Up on Property Debt -- Update
03/14/201705:59:00Fund Investors Load Up on Property Debt
02/27/201706:27:00U.S. and China Warehousing Giant GLP Moves Closer to Buyout...
02/27/201705:17:00U.S. and China Warehousing Giant GLP Moves Closer to Buyout
02/24/201717:30:03Notice of Iran-related Disclosure Filed Pursuant to Section 13(r)(3...
02/24/201716:20:00Blackstone Files Annual Report on Form 10-K
02/24/201716:12:00Securities Registration: Employee Benefit Plan (s-8)
02/24/201716:11:59Annual Report (10-k)
02/23/201716:16:00Blackstone Mortgage Trust to Present at the Citi 2017 Global...
02/16/201717:13:00Ventas In Talks to Buy Part or All of Brookdale Senior Living...
02/16/201716:51:00Ventas In Talks to Buy Part or All of Brookdale Senior Living
02/14/201718:01:13Form 13f Holdings Report (13f-hr)
02/14/201716:16:00Blackstone Mortgage Trust Reports Fourth Quarter and Full Year...
02/14/201710:50:13Amended Statement of Ownership (sc 13g/a)
02/10/201707:40:00Blackstone to Buy Aon's Human Resources Outsourcing Platform...
02/10/201706:02:00Blackstone Announces Acquisition of Aon’s Technology-Enabled B...
02/09/201717:11:30Statement of Changes in Beneficial Ownership (4)

Blackstone Grp Lp Ut and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US