© Reuters. FILE PHOTO: Signage is seen outside the Blackstone Group’s corporate headquarters in Manhattan, New York, United States, November 12, 2021. REUTERS / Andrew Kelly
MADRID (Reuters) – Private equity giant Blackstone (NYSE 🙂 plans a public listing of Spanish gambling company Cirsa next year in a deal that could be valued at $ 3 billion euros ($ 3.4 billion), Spanish newspaper Cinco Dias reported on Thursday. .
Blackstone acquired Cirsa, which operates casinos and betting shops in Spain and Latin America, in 2018 for an undisclosed amount.
Cinco Dias said Blackstone has hired investment bank Lazard (NYSE 🙂 to advise on the deal, which it aims to complete around April of next year.
Blackstone and Cirsa did not immediately respond to requests for comment.
($ 1 = 0.8830 euros)
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