Blackstone to buy ACC for $12.8 billion

FILE PHOTO: Signage is seen outside The Blackstone Group headquarters in Manhattan, New York

(Reuters) – Blackstone Inc, the world’s biggest alternative asset manger, has agreed to buy American Campus Communities Inc for $12.8 billion including debt, the student housing company said on Tuesday.

(Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel)

Reuters

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