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Allied Home Mortage

520LOAN - Allied Home Mortgage Corp Info

Testimonials and Company information for Terry Green, Mortgage Lender at Allied Home Mortgage Corp. Where to go to get a good mortgage.

Blackstone’s Allied solution LLC, valued over $7 billion, set to launch IPO

A private equity firm, Blackstone Group LP is preparing an initial public offering (IPO) of Alight solutions LLC, a US provider of retirement and healthcare benefit services, which might be valued over $7 billion including the debts, as it was cited by the people familiar with the matter.

At least, four separate sources confirmed that the IPO might come in the first half of 2019, around two years after the acquisition of Alight by Blackstone from an Insurance Broker, Aon Plc, in a $4.8 billion deal. In fact, the proposed IPO would allow Blackstone to generate revenue be gradual selling of Alight’s stake in the stock market.

As the sources mentioned, the Blackstone had hired JPMorgan Chase & Co., Bank of America Corp and Morgan Stanley for underwriting the Alight’s IPO. Crucially, Blackstone is also considering any acquisition offer for Alight, after two years of takeover without much gains to talk about.

A source, being cautiously optimistic, commented on the issue, that the IPO is expected to raise between $500-$750 million, depending on the market situation. However, the sources who unveiled the news, asked not to be identified, as the matter is highly confidential.

Does the EU subsidize your gas/mortage/electric bills? So why does Obama think the EU is the solution?

to America's problems?

How, exactly, will this help America?

I think he is full of sh*t!

Everytime I hear his goofy mulatto a$$ speak, with his pausing and choosing his words while swinging his head from side to side like a monkey it makes laugh!