BX · News · 20260923N
PGP Glass Divestiture
Blackstone Inc. · 2026-09-23 · Importance 40 · Surprise 42 · No source text
Blackstone is in ongoing discussions to sell PGP Glass to Brookfield Corporation. The potential transaction is estimated at between US$1.3 billion and US$1.5 billion. PGP Glass has been a Blackstone investment for approximately six years. The reported sale remains a negotiation rather than a completed divestiture.
Key facts
- Blackstone Inc. is in ongoing talks to sell PGP Glass, a six-year investment, to Brookfield Corporation for an estimated US$1.3b to US$1.5b. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | contingent | +0.4% | Blackstone Inc. is in ongoing talks to sell PGP Glass, a six-year investment, to Brookfield Corporation for an estimated US$1.3b to US$1.5b. |
| assets | negative | contingent | -0.4% | Blackstone Inc. is in ongoing talks to sell PGP Glass, a six-year investment, to Brookfield Corporation for an estimated US$1.3b to US$1.5b. |