Distressed Asset Discounts Abound in Europe Today

Blackstone Group LP (BX) socked away some $4 billion in 2009, in anticipation of the eventual bargain basement investment sale that would ensue in Europe.

Distressed Asset Discounts Abound in Europe Today

Distressed Asset Discounts Abound in Europe Today (Bloomberg) Blackstone Group LP (BX) socked away some $4 billion in 2009, in anticipation of the eventual bargain basement investment sale that would ensue in Europe. Well, the doors have opened now, and some of Europe’s leading lenders are cutting loose real estate, as well as corporate and … Continue reading Distressed Asset Discounts Abound in Europe Today