Blackstone Nears $2.5 Billion Deal to Buy Software Developer Civica | EUROtoday

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Updated Nov. 21, 2023 12:07 pm ET

Blackstone is in superior talks to purchase Civica in a deal valuing the U.Ok.-based software program developer at near $2.5 billion together with debt, in keeping with folks aware of the matter.

The tie-up, if accomplished, might be introduced as quickly as Wednesday. It would mark Blackstone’s newest guess within the U.Ok. following its current purchases of two lodges—one in Birmingham and one other exterior of Edinburgh—and a venture to construct inexpensive housing throughout the U.Ok.

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https://www.wsj.com/articles/blackstone-nears-2-5-billion-deal-to-buy-software-developer-civica-2ada7983?mod=rss_markets_main