Blackstone to become New World Development’s largest shareholder, Bloomberg reports

A logo of Blackstone is pictured in Manhattan, New York City, U.S. July 29, 2025. REUTERS
Jan 29 (Reuters) – Private equity giant Blackstone Inc  is close to securing a deal that would make it the largest shareholder of Hong Kong’s New World Development, Bloomberg News reported on Thursday.
The property developer declined to comment to a Reuters’ request.

Reporting by Rajasik Mukherjee; Editing by Tasim Zahid

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