InsideArbitrage Potential Deal Alert: Blackstone in Bid to Acquire Shopping Center Owner Retail Opportunity (ROIC)

POTENTIAL DEAL DETAILS

According to Reuters, private equity firm Blackstone (BX) is in early-stage talks to acquire Retail Opportunity Investments Corp (ROIC), an owner of U.S. shopping centers with a market value of about $1.7 billion.

Retail Opportunity Investments Corp. Investor Relations

Blackstone Inc. Investor Relations

Update(s):

November 3, 2024: Reuters reported that Blackstone (BX) is in advanced talks to acquire Retail Opportunity (ROIC). A deal could be finalized in the coming weeks if the talks are successful. Blackstone is likely to prevail in the auction for Retail Opportunity, which has also attracted interest from other private equity firms, including Bain Capital.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.