Blackstone in advanced talks to acquire US shopping centre owner Retail Opportunity

Blackstone in advanced talks to acquire US shopping centre owner Retail Opportunity

FILE PHOTO: Signage is seen at the Blackstone Group headquarters in New York City, U.S., January 18, 2023. REUTERS/Jeenah Moon/File Photo

Blackstone is in advanced talks to acquire Retail Opportunity Investments Corp, which owns U.S. shopping centers and has a market value of $3.4 billion including debt, according to people familiar with the matter.

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