Blackstone-Ascot talks edge forward as Goldman joins bid
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Blackstone-Ascot talks edge forward as Goldman joins bid

Blackstone hedge fund.

Private equity giant Blackstone remains engaged with Canadian pension fund CPPIB around the potential acquisition of Ascot, as the parties continue to work towards a deal, this publication can reveal.

It is understood that Blackstone has brought in Goldman Sachs Asset Management as a co-investor to support its bid to acquire Ascot, a move that is frequently seen at the larger end of PE deals.

Sources

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