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China Billionaire s Fosun Sells Stake In Diamond Concern To Blackstone For $455 Million

Shanghai Yuyuan Tourist Mart, a retail subsidiary of China billionaire Guo Guangchang-controlled Fosun International, has agreed to sell 80% of its ownership…

Alpha yuGuo fosun internationalShanghai yuyuan tourist martGuo guangchang controlled fosun internationalNew york based blackrockReaking news

Blackstone acquires International Gemological Institute at enterprise value of USD 525 million

Read more about Blackstone acquires International Gemological Institute at enterprise value of USD 525 million on Devdiscourse

Mukesh mehtaRoland lorieKevin shikunShanghai yuyuan tourist mart group coInternational gemological instituteShanghai yuyuan tourist martCo chief investment officer

Blackstone acquires International Gemological Institute for around $530 million

It is worth noting that the leading diamond certification firm had outstanding debt of $150 million owed to its lenders

Freshfields bruckhaus deringerKevin shikunMukesh mehtaCyril amarchand mangaldasRoland lorieBlackstone private equity groupSimpson thacher bartlettErnst youngDeutsche bankInternational gemological instituteShanghai yuyuan tourist mart group co ltdShanghai yuyuan tourist martSenior managing directorCo chief investment officerSimpson thacherInternational gemological institute

Blackstone acquires diamond certification firm IGI for over $500 million

The enterprise value of the deal is between $525 million and $535 million, sources told Moneycontrol.

Cyril amarchand mangaldasMukesh mehtaRoland lorieKevin shikunFreshfields bruckhaus deringerInternational gemological instituteShanghai yuyuan tourist mart group co ltdErnst youngDeutsche bankBlackstone private equity groupSimpson thacher bartlettShanghai yuyuan tourist martManaging directorCo chief investment officerSimpson thacherLab grown diamond

World News | Blackstone Acquires International Gemological Institute at Enterprise Value of USD 525 Million

Get latest articles and stories on World at LatestLY. Global private equity giant Blackstone on Sunday announced the acquisition of International Gemological Institute (IGI) at an enterprise value of over USD 525 million. World News | Blackstone Acquires International Gemological Institute at Enterprise Value of USD 525 Million.

Mukesh mehtaRoland lorieKevin shikunShanghai yuyuan tourist mart group coInternational gemological instituteMass shootingThree people killedTwo injured as gunman opens fireKansas cityShanghai yuyuan tourist martCo chief investment officer

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