Gleiss leads Blackstone through telco investment
Gleiss Lutz advised longstanding client Blackstone on its first investment in a government-controlled company. The US private equity group was selected by the German government as the preferred bidder for a 4.5 per cent, E2.68bn (£1.5bn) stake in Deutsche Telekom. Blackstone established a new company, Green Park 1 Acquisition, for the acquisition, which gives the […]