01/08/2011 (Agence Europe) - Mergers: Blackstone/Valad. On Monday 1st August, the European Commission authorised the purchase, by the American investment fund The Blackstone Group LP, of Valad Funds Management Limited and Valad Property Trust, which together make up the Australian real estate investment group Valad Property. This company owns and manages real estate and hotels in a number of European countries, including some member states of the EU, and Blackstone specialises in asset...