trending Market Intelligence /marketintelligence/en/news-insights/trending/gdlpp_azp65qfvmezshxsg2 content esgSubNav
In This List

Blackstone buying LaSalle Hotel Properties in $4.8B deal

Blog

Using ESG Analysis to Support a Sustainable Future

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook


Blackstone buying LaSalle Hotel Properties in $4.8B deal

Affiliates of private equity giant Blackstone Group LP's Blackstone Real Estate Partners VIII signed an agreement to acquire LaSalle Hotel Properties in an all-cash deal worth $4.8 billion.

Blackstone will acquire all outstanding common shares of beneficial interest of the hotel real estate investment trust for $33.50 apiece.

The transaction has unanimous approval from LaSalle's board of trustees.

More details to follow...