Blackstone Real Estate and MRP Group Extend 100% Cash Tender Offer for Terrafina
Acquiring Company
Blackstone
Acquired Company
Terrafina
New York
Mexico CityFinancial ServicesReal EstateFinanceReal Estate InvestmentManufacturingReal EstateDescription
Blackstone Real Estate and MRP Group have extended the offer period of their all-cash tender offer of Ps.40.50 per certificate for up to 100% of the outstanding real estate trust certificates of Terrafina (BMV:TERRA 13) until August 2, 2024. This transaction aims to provide substantial and immediate value for Terrafina's shareholders, representing a premium of 27% over the unaffected price per Terrafina certificate and a more than 10% premium to Terrafina’s closing share price on June 7, 2024.
Quick answer
Blackstone is acquiring Terrafina, announced August 1, 2024. Blackstone is based in New York, New York, United States.
- How much did Blackstone pay for Terrafina?
- The deal value was not disclosed.
- What does Blackstone do?
- Blackstone is one of the world's leading investment firms.
- Where are Blackstone and Terrafina based?
- Blackstone is based in New York, New York, United States. Terrafina is based in Mexico City, Mexico City, Mexico.
- Who are the decision-makers at Blackstone?
- Fundz holds 4 contacts at Blackstone. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Real Estate
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Blackstone Real Estate and MRP Group extends 100% Cash Tender Offer for Terrafina (July 25, 2024)
- KKR completes acquisition of Janney Montgomery Scott to expand wealth management portfolio (July 23, 2024)
- Blackstone Real Estate and Grupo MRP Increase Cash Public Acquisition Offer for Terrafina (June 28, 2024)
- Blackstone Real Estate acquires BioMed Realty to expand its life science real estate portfolio (August 23, 2024)
- Stellex Capital, in Partnership with Communify, Acquires Financial Data Provider Fincentric (August 15, 2024)
- Patria Investments completes acquisition of Nexus Capital, expanding its Real Estate platform in Colombia (July 16, 2024)
Who to call at Blackstone, and when
When Blackstone changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Blackstone raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Blackstone, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Blackstone. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Blackstone makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Terrafina?
Terrafina was acquired by Blackstone, based in New York. The deal was reported on August 2, 2024. Blackstone is one of the world's leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. Blackstone is publicly traded (BX) and operates in Financial Services.
When did Blackstone acquire Terrafina?
Blackstone's acquisition of Terrafina was reported on August 2, 2024. Blackstone Real Estate and MRP Group have extended the offer period of their all-cash tender offer of Ps.40.50 per certificate for up to 100% of the outstanding real estate trust certificates of Terrafina (BMV:TERRA 13) until August 2, 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Terrafina do?
Terrafina is a real estate trust fund in Mexico, also known as Irrevocable Trust Agreement number F/00939. It is privately held, operating in Manufacturing, and is based in Mexico City.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.