Blackstone's Essendi Acquisition Gets EU Approval

06:32 AM EDT, 10/19/2026 (MT Newswires) -- Blackstone's (BX) planned acquisition of Essendi and a portfolio of hotels has received European Commission approval after the regulator found no competition concerns, it said Monday. The companies would have a limited combined market position following the deal's completion, according to the regulator. The deal primarily relates to the hotel sector in Europe, Mexico, Singapore and South America, the commission said.