Blackstone emerges frontrunner to buy Actis-owned BluPine at $1.8 billion valuation
A infrastructure development with market-wide reach.
· LiveMint Companies
For Blackstone, the acquisition deal for BluPine Energy, comes at a time when it has stepped up efforts to build a large infrastructure portfolio in India.
The analysis
Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
Market context
- Sectors in the story: Infrastructure.
Infrastructure
1M +1.4% · 3M -7.8%
Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Black Box Q2 profit rises 30.6% to ₹72.6 crore; revenue up 22.2%
Three fast-growing water infra stocks
Microsoft outage raises cyber risks for Indian businesses as SOCs face monitoring gaps
SpiceJet Flight Disruptions: Mumbai Airport Follows Delhi With Passenger Advisory
Adani Energy acquires smart metering player IntelliSmart for ₹3,050 crore