Instead of a 2025 IPO boom, Blackstone sees more opportunity to take companies private

Instead of a 2025 IPO boom, Blackstone sees more opportunity to take companies private

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Instead of announcing the arrival of a dealmaking bonanza, Blackstone CEO Steve Schwarzman stressed the importance of "patience" during the firm's earnings call. Schwarzman, who is a Trump donor and was a first-term trade emissary, said that the markets are waiting to see the "outcome of unprecedented multilateral negotiations with perhaps over a hundred countries."

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