---
title: "Blackstone Real Estate privatizes Retail Opportunity for $4 billion, $17.50 per share, J.P. Morgan advised."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/228066844.md"
description: "In a recent development, Blackstone (NYSE: BX) and Retail Opportunity Investments Corp. disclosed the successful completion of the acquisition deal. Blackstone Real Estate Partners X acquired all ROIC's outstanding common shares for $17.50 each in a cash deal totaling about $4 billion, encompassing existing debts. J.P. Morgan provided financial advisory services exclusively to ROIC. Legal counsel for ROIC was provided by Clifford Chance US LLP."
datetime: "2025-02-12T17:06:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/228066844.md)
  - [en](https://longbridge.com/en/news/228066844.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/228066844.md)
---

# Blackstone Real Estate privatizes Retail Opportunity for $4 billion, $17.50 per share, J.P. Morgan advised.

In a recent development, Blackstone (NYSE: BX) and Retail Opportunity Investments Corp. disclosed the successful completion of the acquisition deal. Blackstone Real Estate Partners X acquired all ROIC's outstanding common shares for $17.50 each in a cash deal totaling about $4 billion, encompassing existing debts. J.P. Morgan provided financial advisory services exclusively to ROIC. Legal counsel for ROIC was provided by Clifford Chance US LLP.

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