Reported 3 days ago
Blackstone's CEO, Steve Schwarzman, announced plans to invest up to $500 billion in Europe over the next decade, highlighting newfound confidence in the region's market potential. This investment is influenced by European governments' efforts to increase military spending and invigorate the private equity market. The shifting economic landscape in Europe, especially with Germany's significant spending initiatives, is seen as an opportunity for growth, making it an attractive target for major investors like Blackstone.
Source: YAHOO