Blackstone to Sell Security Services Unit for $1.67 Billion
June 30 2015 - 8:10AM
Dow Jones News
Blackstone Group L.P. agreed to sell its U.S. security services
business, AlliedBarton, to French investment firm Wendel for about
$1.67 billion.
Blackstone bought AlliedBarton in 2008. Founded in 1957,
AlliedBarton provides security officers and managers to a variety
of industries, including commercial real estate, higher education
and health care.
The deal is expected to close later this year.
Write to Chelsey Dulaney at Chelsey.Dulaney@wsj.com
Access Investor Kit for The Blackstone Group LP
Visit
http://www.companyspotlight.com/partner?cp_code=P479&isin=US09253U1088
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
Blackstone (NYSE:BX)
Historical Stock Chart
From Mar 2024 to Apr 2024
Blackstone (NYSE:BX)
Historical Stock Chart
From Apr 2023 to Apr 2024