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Blackstone profits nearly double in third quarter
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fnlondon.comBlackstone’s net income nearly doubled in the third quarter, driven by strong investment performance for its largest strategies and continued expansion into fast-growing new business lines.
The New York private equity firm said earnings rose to $1.4bn, or $1.94 a share, from $794.7m, or $1.13 a share, a year earlier.
The value of Blackstone’s...
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