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FinanceJun 12

Private Equity Firms Pursue Major Real Estate and Healthcare Deals

Blackstone is reportedly in talks to acquire Canadian property firm H&R REIT while EQT plans to sell its Singapore healthcare stake for $600 million.

Synthesized from 2 sources

Two major private equity transactions are taking shape across different sectors and regions, according to reports from people familiar with the situations.

Blackstone Inc., one of the world's largest private equity firms, is reportedly in discussions to acquire H&R Real Estate Investment Trust, a Canadian property company. The talks were disclosed by sources familiar with the matter, though no financial terms or timeline for a potential deal were immediately available.

Separately, Swedish private equity firm EQT AB is planning to divest its stake in a Singapore-based healthcare provider for approximately $600 million. The planned sale reflects continued investor interest in healthcare assets across Asia-Pacific markets.

H&R REIT operates a diversified portfolio of real estate assets across Canada and the United States. The potential acquisition would add to Blackstone's extensive real estate holdings, which span multiple property types and geographic markets.

Both transactions remain under discussion and there is no guarantee either deal will be completed. The companies involved have not publicly commented on the reported negotiations.

Sources (2)

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