Blackstone is considering the sale of Singapore-based Interplex’s information and communications technology (ICT) unit, according to a report by Bloomberg citing people familiar with the matter.
The firm is reportedly working with a financial adviser on a potential transaction that could value the ICT business at more than $1bn, amid interest from private equity firms and strategic buyers. Discussions are at an early stage and no final decision has been made.
Interplex manufactures components us...
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