(Reuters) - Not only did it find a wealthy new investor and position itself for deals in the world's most populous nation, but also the deal raised the profile of its M&A advisory business by leading to a highly visible role of advising the Chinese government on the acquisition of a stake in Barclays .
In doing so, Blackstone links its name to what is likely to be the year's biggest deal -- the sale of Dutch bank ABN AMRO . Barclays has used the investment from China to help increase its bid to 67.5 billion pounds in a battle with a rival group led by the Royal Bank of Scotland .
Read more at Reuters.com Mergers News
In doing so, Blackstone links its name to what is likely to be the year's biggest deal -- the sale of Dutch bank ABN AMRO . Barclays has used the investment from China to help increase its bid to 67.5 billion pounds in a battle with a rival group led by the Royal Bank of Scotland .
Read more at Reuters.com Mergers News
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