Blackstone Mainland's first single flower fell blue star group.
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Last Update: 2020-07-30
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Source: Internet
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Author: User
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;.the first project invested by the Blackstone Group in the Chinese mainland is expected to be spent on blue star groups, and authorities have welcomed in principle. On June 28th a person familiar with the matter confirmed to this newspaper that the news had been circulating for a long time..at the same time, "Blue Star Group's overall listing plan has also entered the actual stage, intermediaries have also entered the market, and assets to map out." The overall listing will be broadly divided into three steps, the people said..but this information has not been confirmed by blue star group. Blue Star Group is a subsidiary of China Chemical Group..Blackstone, which raised about $4.1 billion in's high-profile Blackstone group, rose 13 per cent on its first day of public offering, raising about $4.1bn. The Group's total market value is $33 billion. Blackstone, founded in the United States in 1985, has gained a growing popularity in China because of its planned stake in China's State Foreign Exchange Investment Corporation..in addition to the "Blackstone" concept, market participants are more concerned about, as the A-share market has three listed companies, blue star group, how to integrate with its listed companies business?.Blackstone to the.June 21st, Blue Star Cleaning (000598. SZ), Star New Material (600299. SH and Shenyang Chemical (000698.SZ) announced that the company's majority shareholder Blue Star Group and foreign potential investors have recently contacted on strategic cooperation issues. But none of them have said the true face of Lushan, a "potential foreign investor".. , however, investors concerned about Bluestar Group are aware that the "foreign potential investors" referred to in the announcement are Blackstone, and the announcement is in response to rumors about "Blackstone's acquisition of Bluestar Group". . (NextPage) . " Blackstone is very interested in the Blue Star Group, and the relevant domestic authorities have agreed in principle. The specific amount of the merger "is still under negotiation," according to the people familiar with the matter. . Blue Star Group spokesman told reporters that from the perspective of improving the management level of the Group and expanding overseas markets, the introduction of strategic investors is a good choice. Blue Star did have or is in contact with a number of powerful investors, but has only made initial progress. . Blackstone, the leading rumored, is a leading global asset management company and financial advisory services provider, with a range of corporate private equity funds, real estate investment funds, merger and acquisition advisory, restructuring and redevelopment consulting. As of 1 May 2007, Blackstone had assets under management of about $88.4 billion, with an average annual growth rate of 41.1 per cent over the past six years. . ", however, Blackstone's investment record in Chinese mainland remains zero at a time when companies such as Carlyle and Goldman Sachs are making big-money acquisitions in China. One industry insider said. . but tailed to China's Black Stone zhi is not small, its rapid shooting also made the industry eye-opening. . early this year, Blackstone hired the former Financial Secretary of the Hong Kong Special Administrative Region Government, Mr Leung Kam-song, as Senior Executive Director and Chairman of Greater China, to explore the Asian market. "This is the first step in China for Blackstone, which is good at exploiting contacts, and for Blackstone, hiring Mr. Leung to help him will undoubtedly increase its influence." Industry insiders believe. . April, Mr Leung went to Hefei to conduct a comprehensive survey of the biodiesel and wood-plastic projects under Guofeng Group. It is reported that it is after that Liang Jinsong and blue star group has a preliminary contact. . ", "China State Foreign Exchange Investment Corporation is one of Blackstone's shareholders, which has nothing to do with the success of this investment. "The industry is in the industry. On May 20th the state-run foreign exchange investment company signed an agreement with Blackstone to buy less than 10 per cent of the shares in Blackstone's global initial public offering for $3bn. . Blue Star Group's a-h listing strategy . in fact, the introduction of Blackstone as a strategic investor is only the beginning of the introduction of strategic investors by Bluestar Group. . " Blue Star Group's overall strategy is three steps: the first step is to introduce strategic investors, Blue Star Group is also ready to introduce a number of strategic investors, so that its net assets of 15 billion yuan; People familiar with the matter said. . according to public information , Blue Star Group's total assets in 2005 were 30 billion yuan, sales of 30 billion yuan, in addition to holding three listed companies, but also under the jurisdiction of more than 30 enterprises and scientific research institutions. Blue Star Group to chemical industry-led business, in the chemical new materials, membrane and water treatment and industrial cleaning and other fields in the domestic forefront. . (NextPage) . Blue Star has expanded dramatically in recent years. As early as 2006, Blue Star Group acquired France's Andesu, the world's second largest methionine production enterprises, in late October of the same year, Blue Star Group wholly acquired the French company Rodia silicone business, production capacity among the world's top three. In 2004, the Group held hands with the United Kingdom's Haimens Chromium Chemicals Co., China to build a world-class chromium chemicalproduction production enterprises. . " BlueStar group is ready to consolidate its high-quality assets, including Andesu and its joint venture with Hi-Siss, with the introduction of strategic investors. The group is prepared to list simultaneously in the mainland and Hong Kong, and plans to issue 1bn-2bn shares in Hong Kong and 500m shares in the mainland, depending on the market at that time, according to the people familiar with the matter. . ": "The current progress is that the intermediary has entered the market, and the assets to the bottom, the preliminary preparations have been completed. The people said. . "As for the overall listing, I believe that every large group company will have this idea, as an international company, the direct benefit of overseas listing is that the company's trust in overseas can be improved. But no progress has been made. Blue Star said a spokesman told reporters. . three A-share companies to be consolidated . market analysis, if the Blue Star Group really achieve the overall listing of A-H, due to the CSRC to "avoid the parent-subsidiary inter-industry competition" has strict regulations, the integration of the three A-share listed companies or will be put on the agenda. . "With the exception of a small number of businesses, there is no problem of inter-industry competition between the three listed companies and the group, so there is no need for large-scale consolidation." The people said. . Blue Star cleaning main business for industrial cleaning agents, TDI, water treatment and so on. "At present, its industrial cleaning market share has reached 80 per cent, but the profitability of this business is weak due to higher raw material prices; the film and water treatment business market is promising, but the current impact on the company's earnings is small; and the TDI project is the company's main source of profits at the moment." A brokerage analyst told reporters. . (NextPage) . star new materials also face similar challenges. Market watchers point out that if Bluestar goes public as a whole, its French company, Lodia, could face consolidation in order to avoid competition. Because the main business of star new materials is also silicone monomer and related products. . Oriental Securities has a report that with the completion of the new 100,000 tons of silicone monomer project and the strength of the prices of the remaining varieties of products, star new materials in the future performance growth space is huge. . not long ago, Blue Star Group injected the main industrial assets of the chemical new materials of China Blue Harbin Petrochemical Co., Ltd., Shanxi Synthetic Rubber Group Co., Ltd. and China Blue International Chemical Co., Ltd., as well as the main chemical materials assets of Guangxi Dahua Chemical Plant, Blue Star Petrochemical Tianjin Branch, Chemical Minister Sha Design Research Institute and Zhonglan Lianhai Design Research Institute. The move by Blue Star has reinforced market expectations for new materials to be injected into the silicone business of France's Rhodesia. . Shenyang Chemical's main business is chlor-alkali chemical and so on. Blue Star Group in April 2004 free of charge to receive The controlling shareholder of Shenyang Chemical Shenyang Chemical Group Co., Ltd. 100% state-owned shares, thus becoming the actual controller of Shenyang Chemical. " Blackstone Group's first project in Chinese mainland is expected to be spent on blue star groups, and authorities have welcomed in principle. On June 28th a person familiar with the matter confirmed to this newspaper that the news had been circulating for a long time. . at the same time, "Blue Star Group's overall listing plan has also entered the actual stage, intermediaries have also entered the market, and assets to map out." The overall listing will be broadly divided into three steps, the people said. . but this information has not been confirmed by blue star group. Blue Star Group is a subsidiary of China Chemical Group. . Blackstone, which raised about $4.1 billion in 's high-profile Blackstone group, rose 13 per cent on its first day of public offering, raising about $4.1bn. The Group's total market value is $33 billion. Blackstone, founded in the United States in 1985, has gained a growing popularity in China because of its planned stake in China's State Foreign Exchange Investment Corporation. . in addition to the "Blackstone" concept, market participants are more concerned about, as the A-share market has three listed companies, blue star group, how to integrate with its listed companies business? . Blackstone to the . June 21st, Blue Star Cleaning (000598. SZ), Star New Material (600299. SH and Shenyang Chemical (000698.SZ) announced that the company's majority shareholder Blue Star Group and foreign potential investors have recently contacted on strategic cooperation issues. But none of them have said the true face of Lushan, a "potential foreign investor". . , however, investors concerned about Bluestar Group are aware that the "foreign potential investors" referred to in the announcement are Blackstone, and the announcement is in response to rumors about "Blackstone's acquisition of Bluestar Group". . (NextPage) . " Blackstone is very interested in the Blue Star Group, and the relevant domestic authorities have agreed in principle. The specific amount of the merger "is still under negotiation," according to the people familiar with the matter. . Blue Star Group spokesman told reporters that from the perspective of improving the management level of the Group and expanding overseas markets, the introduction of strategic investors is a good choice. Blue Star did have or is in contact with a number of powerful investors, but has only made initial progress. . Blackstone, the leading rumored, is a leading global asset management company and financial advisory services provider, with a range of corporate private equity funds, real estate investment funds, merger and acquisition advisory, restructuring and redevelopment consulting. As of 1 May 2007, Blackstone had assets under management of about $88.4 billion, with an average annual growth rate of 41.1 per cent over the past six years. . ", however, Blackstone's investment record in Chinese mainland remains zero at a time when companies such as Carlyle and Goldman Sachs are making big-money acquisitions in China. One industry insider said. . but tailed to China's Black Stone zhi is not small, its rapid shooting also made the industry eye-opening. . early this year, Blackstone hired the former Financial Secretary of the Hong Kong Special Administrative Region Government, Mr Leung Kam-song, as Senior Executive Director and Chairman of Greater China, to explore the Asian market. "This is the first step in China for Blackstone, which is good at exploiting contacts, and for Blackstone, hiring Mr. Leung to help him will undoubtedly increase its influence." Industry insiders believe. . April, Mr Leung went to Hefei to conduct a comprehensive survey of the biodiesel and wood-plastic projects under Guofeng Group. It is reported that it is after that Liang Jinsong and blue star group has a preliminary contact. . ", "China State Foreign Exchange Investment Corporation is one of Blackstone's shareholders, which has nothing to do with the success of this investment. "The industry is in the industry. On May 20th the state-run Foreign Exchange Investment Corporation signed an agreement with Blackstone for $3 billion in a global initial public offering.
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