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BX Blackstone Inc

117.75
-1.24 (-1.04%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Blackstone Inc NYSE:BX NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.24 -1.04% 117.75 123.11 117.75 121.50 4,436,984 01:00:00

Blackstone Makes Significant Minority Investment in ISN

17/12/2020 3:09pm

Dow Jones News


Blackstone (NYSE:BX)
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By Michael Dabaie

 

Blackstone Group Inc. said Thursday it made a significant minority investment in ISN, a provider of third-party contractor and supplier management software, valuing the company at more than $2 billion.

The investment is led by Blackstone Growth. Since ISN is employee-owned, Blackstone will be the only outside stockholder in ISN.

Blackstone said its backing will help ISN with product innovation and expansion into new markets and geographies.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

December 17, 2020 09:54 ET (14:54 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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