Blackstone Said to Buy $25 Billion HSBC Australia Home Loan Book

Blackstone Inc. has agreed to acquire an about A$36 billion ($25 billion) home loan portfolio in Australia from HSBC Holdings Plc, people familiar with the matter said, in what’s set to be one of the largest such transactions ever.

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Bloomberg.