On September 24, Blue Owl Capital Inc. fell 5.05% in regular trading, trading at $9.095/share, with turnover of approximately $41.78 million.
On the news front, a consortium formed by BlackRock's AI infrastructure partnership and IFM Investors has entered exclusive negotiations to acquire Blue Owl's Stack Infrastructure Asia-Pacific data center portfolio. The deal is valued at $20 billion to $25 billion, a steep discount to the over $30 billion valuation Blue Owl originally sought, representing a 17% to 33% markdown from the initial asking price. The prospect of a below-expectation asset sale constitutes a clear negative catalyst.
Adding to the pressure, Blue Owl's junior loan to specialty manufacturer Loparex could be entirely wiped out in a roughly $1 billion restructuring led by Monarch Alternative Capital and General Atlantic, further intensifying concerns over asset quality. Blue Owl would receive only a small equity stake in return, according to reports.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)