8-K/AAcquisitions & DispositionsExhibits & Filings

Blackstone Inc. 8-K/A Report, Acquisition Completed (Mar 20, 2012)

Filed March 20, 2012For Securities:BX

Summary

This 8-K/A filing from Blackstone Inc. (BX), filed on March 20, 2012, serves as an amendment to a previous 8-K report dated January 11, 2012. The primary purpose of this amendment is to provide the necessary financial statements and exhibits related to Blackstone's acquisition of Harbourmaster Capital (Holdings) Limited, which was completed on January 11, 2012. The filing details that Harbourmaster's financial statements are prepared under UK GAAP, and includes a narrative description of key differences to US GAAP as required by SEC regulations for acquired businesses. Investors interested in this acquisition will find pro forma combined financial statements included, offering a glimpse into how the combined entity would have performed. The amendment ensures compliance with reporting requirements for significant acquisitions, providing greater transparency for shareholders regarding the financial impact of this transaction. The inclusion of audited and unaudited financial statements for Harbourmaster, alongside pro forma combined statements, allows for a more comprehensive understanding of the acquired entity's financial position and the potential integration with Blackstone's operations.

Key Highlights

  • 1Amendment to a prior 8-K filing to include required financial statements for the acquisition of Harbourmaster Capital (Holdings) Limited.
  • 2The acquisition of Harbourmaster Capital (Holdings) Limited was completed on January 11, 2012.
  • 3Financial statements for Harbourmaster are provided under UK GAAP, with a required narrative detailing differences from US GAAP.
  • 4Includes audited financial statements for Harbourmaster as of December 31, 2010.
  • 5Includes unaudited financial statements for Harbourmaster for the six months ended June 30, 2011, and for the six months ended June 30, 2010.
  • 6Pro forma combined financial statements of Blackstone and Harbourmaster are provided for key periods.
  • 7The filing ensures compliance with SEC's Regulation S-X, Rule 3-05 regarding financial statements of businesses acquired.

Frequently Asked Questions

This filing is an amendment to a previous 8-K to provide the required financial statements and exhibits related to Blackstone's acquisition of Harbourmaster Capital (Holdings) Limited.

Harbourmaster Capital (Holdings) Limited is an Island of Jersey company that Blackstone acquired. Its acquisition was deemed significant enough to require detailed financial reporting under SEC rules.

Harbourmaster's financial statements were prepared in accordance with accounting principles generally accepted in the United Kingdom (U.K. GAAP), which differs from U.S. GAAP. A narrative description of these differences is included.

The amendment includes audited and unaudited financial statements for Harbourmaster, as well as pro forma combined financial statements for Blackstone and Harbourmaster, allowing investors to see the potential impact of the acquisition.