<p>Blackstone has agreed to acquire Hamilton Island, a significant resort destination in the core area of Australia's iconic Great Barrier Reef. The private equity giant announced the deal on Tuesday, which is still subject to regulatory approval. This transaction will end the island's more than twenty-year ownership by the Australian Oatley family. (Bloomberg)</p>

<p>Blackstone announced the acquisition of Hamilton Island in the core area of the Great Barrier Reef in Australia. This transaction requires regulatory approval and will end the island's history of ownership by the Oatley family</p>

Blackstone acquires resort island in the core area of the Great Barrier Reef, Australia