Blackstone, Elliott and Stone Point vying in Ascot sales process
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Blackstone, Elliott and Stone Point vying in Ascot sales process

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Private equity houses Blackstone and Stone Point, and hedge fund Elliott Management, are in the running to buy Ascot as financial bidders come to the fore in the sales process, this publication can reveal.

It is understood that the process has now entered the due diligence stage, with second-round bids from the three potential buyers due at the end of June and management meetings scheduled for this week.

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