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Blackstone weighs stake sale worth $1 bn in IBS Software

By Ranjani Raghavan

  • 09 Feb 2023
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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 ......

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