Blackstone planning IPO for Merlin
Posted October 26, 2009, 12:26P |
Contributed by Jeff
Blackstone Group's Merlin Entertainments is preparing an initial public offering, the Financial Times website reported on Friday. The offer would value Merlin at about 2 billion pounds ($3.26 billion USD) and is expected early next year, the report said, citing people familiar with the situation.
Read more from Reuters.