Successful Hilton Worldwide IPO would be a Blackstone landmark - ft.com

In one of the largest buyouts of all time, Blackstone Group acquired Hilton Hotels in the heady days of 2007 for $26bn including debt. It sought to give the hotel company a new lease of life, and part of the private equity group’s task was to restore the Waldorf Astoria’s original grandeur. Now after six years under Blackstone ownership, the company – renamed Hilton Worldwide – is set to go public within weeks. Seeking at least $1.