Blackstone to buy U.S. warehouses from Colony Capital in $5.9 billion deal

Blackstone to buy U.S. warehouses from Colony Capital in $5.9 billion deal

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(Reuters) – Blackstone Group Inc (BX.N) said on Monday it would buy U.S. industrial warehouses from real estate and investment management firm Colony Capital Inc (CLNY.N) in a $5.9 billion deal, to capitalize on the e-commerce boom.
Shares of Colony Capital…
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