Blackstone weighs stake sale worth $1 bn in IBS Software
Advertisement

Blackstone weighs stake sale worth $1 bn in IBS Software

By Ranjani Raghavan

  • 09 Feb 2023
Premium
Blackstone weighs stake sale worth $1 bn in IBS Software
Credit: Reuters

Blackstone Group Inc. is in talks with several private equity funds to sell its "significant minority stake" in IBS Software Pte, since the travel and hospitality software provider’s plans to list abroad did not materialise, said two persons familiar with the development.  Blackstone has appointed investment bank J P Morgan to ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News