Chinese Company Acquires 5% Stake in Brookdale Senior Living

A Chinese international conglomerate and investment company has joined a small group of shareholders that own a 5% or greater stake in Brookdale Senior Living (NYSE: BKD). Shanghai, China-based Fosun International Limited recently reported a 5.11% stake in the Brentwood, Tennessee-based senior housing giant, joining six other companies—Glenview Capital Management, The Vanguard Group, BlackRock Inc., Senator Investment […]

Brookdale Sale Negotiations Reportedly Ended With No Deal

Talks for a rumored acquisition of Brookdale Senior Living (NYSE: BKD) with a Chinese bidder are over, according to Bloomberg. Zhonghong Zhuoye Group Co Ltd, a Beijing-based real estate and leisure firm, was, at one time, prepared to buy Brookdale for $20 per share, but the deal stalled, and has now finally faltered. Negotiations ended without a […]

Brookdale Deal Stalls, Could Fetch $4 Billion

The acquisition of Brookdale Senior Living (NYSE: BKD) by Beijing-based real estate and leisure firm Zhonghong Zhuoye Group Co Ltd has reportedly stalled, according to the Financial Times. The deal could fetch as much as $4 billion for the Brentwood, Tennessee-based senior living provider, although analysts have long speculated on the total value of the company’s […]

Blackstone, Cindat Rumored to Bid for Senior Housing Down Under

Global private equity firms have been having a field day lately, making big investments in senior housing in the United States and other nations.  Both China-based Cindat Capital Management and New York-based Blackstone Group (NYSE: BX), for instance, have placed bids for a 50% stake in the senior housing business of Sydney, Australia-based LendLease Group, Bloomberg […]

Report: Chinese Firm In Talks to Buy Brookdale for $3 Billion

Following months of buyout speculation, Brookdale Senior Living (NYSE: BKD) is now in acquisition talks with a Chinese firm that has offered $3 billion to purchase the largest U.S. senior living provider, according to a Tuesday report by Reuters. Financial Times then followed up with a Wednesday report that Brookdale could fetch more than $4 billion […]