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Blackstone (BX) is reportedly hiring advisors for the sale of Leaf Living for c. GBP 1bln

Newsquawk Staff ·

Blackstone (BX) is reportedly hiring advisors for the sale of Leaf Living for c. GBP 1bln.

What it means

Blackstone's move to hire advisors for the sale of Leaf Living indicates a strategic decision likely aimed at streamlining its portfolio or capitalizing on favorable market conditions. A deal valued around GBP 1 billion could bolster Blackstone’s liquidity and potentially signal further consolidation trends in the asset management sector, impacting peer valuations and growth prospects.

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