Blackstone (NYSE: BX) is linked to a possible forced share buyback dispute at Firmus Technologies, which involves confidential arrangements with Nvidia and Blackstone. Firmus may be obliged to repurchase equity from investors, and Blackstone's financial exposure would depend on the contract terms. Separately, AirTrunk, a data center operator backed by Blackstone, has reportedly postponed a planned US$1.5 billion IPO, citing current market conditions. The article says both issues highlight pressure from complex deal terms and delayed exit timing, and points to Blackstone's next fundraising and realization figures as a key indicator.
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