We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| 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 | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 121.21 | 0 | 01:00:00 |
From May 2019 to May 2024
By Dave Sebastian
Blackstone Group Inc. said Wednesday it has agreed to buy the genealogy site Ancestry.com for an enterprise value of $4.7 billion.
Current Ancestry investor GIC would retain a minority stake in the company, Blackstone said. Blackstone is also buying the stakes of Silver Lake, Spectrum Equity and Permira.
Ancestry operates in more than 30 countries and has more than three million paying subscribers, generating more than $1 billion in annual revenue.
The transaction is Blackstone's first control acquisition for its eight vintage of its flagship private-equity vehicle, it said.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
August 05, 2020 11:19 ET (15:19 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Blackstone Chart |
1 Month Blackstone Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
