The Latest Breaking News from Blackstone

Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone

The U.S.-based sandwich chain has around 3,000 locations.

Jersey Mike's Subs operates around 3,500 locations, with approximately 2,800 in the United States. The remaining outlets are distributed across Canada and Mexico, employing over 19,000 individuals.

The billionaire founder would be just the latest top PE executive to wield power in aTrump White House.

Blackstone has outperformed the broader market this year, and Wall Street analysts are moderately bullish about the stock’s prospects.

This year has seen a slowdown in real estate deal-making, with U.S. mergers and acquisitions declining by 39% to $27.1 billion, according to data from Dealogic. Elevated interest rates have raised borrowing costs, impacting the market.

Bridger Aerospace secured $160m in bond from Gallatin county to hire new workers, but spent $134m on debt

December S&P 500 E-Mini futures (ESZ24) are up +0.36%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.68% this morning as upbeat results from Taiwan Semiconductor Manufacturing Co. boosted sentiment, while investors awaited a fresh batch of U.S. economic data as well as an earnings report from streaming giant…

Letters: Readers respond to Keir Starmer and Rachel Reeves’ vow to promote growth by enticing businesses to invest in Britain

Four US companies will jointly contribute £6.3 billion to the UK data center scene.

Nothing has changed for Blackstone, said senior managing director Courtney della Cava.