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0.000903587241348101 0.0016716363964941 0.00189753320683106 0.00289147917231415 -0.000722869793078506 -0.000722869793078506 -0.000722869793078506 -0.000722869793078506
Stock impact report

Blackstone cures two ailments in one Moderna shot [Reuters]

Moderna, Inc. (MRNA) 
Last moderna, inc. earnings: 2/26 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: marinabio.com/investor-relations
Company Research Source: Reuters
NEW YORK, March 27 (Reuters Breakingviews) - Lending to a company is fine; taking a piece of its most promising investments is better. With higher costs of capital making spending decisions tougher for chief executives and buyout firms simultaneously struggling to invest stockpiles of cash, the deal , opens new tab between Blackstone (BX.N) , opens new tab and Moderna (MRNA.O) , opens new tab unveiled on Wednesday offers a crafty cure. The hard end of such bargains: surrendering value from potentially lucrative developments. Big money managers like Blackstone have amassed a combined $3.7 trillion, according , opens new tab to consultancy McKinsey, but a prolonged deal slump indicates how hard it is to put the funds to work. The firm led by Steve Schwarzman, for example, deployed 39% less last year than it did in 2022. Corporate bosses face the opposite problem. It's expensive to borrow, and equity markets have been equally inhospitable for drugmakers with lottery-ticket business mo Show less Read more
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