BX · News · 20260923N

PGP Glass Disposition

Blackstone Inc. · 2026-09-23 · Importance 40 · Surprise 42

Blackstone is in talks to sell PGP Glass, a portfolio company held for six years, to Brookfield Corporation. The reported transaction value is approximately US$1.3 billion to US$1.5 billion. The potential disposition would represent a material portfolio monetization for Blackstone, although the report describes the transaction as ongoing discussions rather than a completed sale.