Blackstone Group

27th September 2021

MGM to take over operations as Blackstone sells Cosmopolitan for $5.65bn

Private equity giant Blackstone has opted to sell The Cosmopolitan in Las Vegas for $5.65bn, with MGM Resorts taking over operations, while Cherng Family Trust,…

15th January 2020

Blackstone to acquire MGM Grand and Mandalay Bay for $4.6bn

MGM Resorts International has struck a deal to sell its MGM Grand and Mandalay Bay properties on the Las Vegas Strip to private equity giant…