Blackstone to acquire Sphera for $1.4B to bolster ESG investments

  • Private equity funds managed by Blackstone (BX) agree to acquire Sphera, a provider of environmental, social, and governance software, data, and consulting services, from Genstar Capital in a deal valuing Sphera at ~$1.4B.
  • For Blackstone, ESG is a key thematic investing focus as it becomes more important to businesses worldwide.
  • The investment will be made through Blackstone's flagship private equity vehicle.

    Over the current book year the total revenue from the company in New York City will be 8.42 billion USD (consensus estimates). This is hugely more than 2021's revenue of 6.1 billion USD.

    Historical revenues and results Blackstone Group Inc plus estimates 2021

    financiële analyse

    The analysts expect for 2021 a net profit of 4.51 billion USD. For this year most of the analysts expect a profit per share of 3.63 USD. The price-earnings-ratio equals 27.47.

    Huge dividend Blackstone Group Inc

    Analysts expect a dividend of 3.04 USD per share. The dividend yield is then 3.05 percent. The average dividend yield of the health care companies equals a low 1.46 percent.

    Based on the current number of shares Blackstone Group Inc 's market capitalization equals 66.93 billion USD. 85

    Price data Blackstone Group Inc 2007-2021

    stock prices blackstonegroupinc

    On Monday the stock closed at 99.73 USD.

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