BUSINESSMay 13 · 23:05 UTCBLOOMBERGSubrat Patnaik

Blackstone REIT Raises $1.75 Billion in IPO to Buy Data Centers

Blackstone REIT raised $1.75 billion in its IPO to buy data centers, while GMR Solutions Inc. raised $479 million in a downsized IPO. GMR Solutions Inc. is an air and ground emergency medical services company backed by KKR & Co.

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Mentioned

Blackstone REITorganizationGMR Solutions Inc.organizationKKR & Co.organizationNick LoporcaropersonNew York Stock Exchange (NYSE)place

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