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Private-equity firm BPEA sells Interplex to Blackstone in $1.6 billion deal – Metro US

Private-equity firm BPEA sells Interplex to Blackstone in $1.6 billion deal

Signage is seen outside The Blackstone Group headquarters in Manhattan,
Signage is seen outside The Blackstone Group headquarters in Manhattan, New York

(Reuters) – Hong Kong-based Baring Private Equity Asia (BPEA) said on Thursday it has sold customized technology solutions provider Interplex to private-equity funds managed by Blackstone Inc for an enterprise value of $1.6 billion.

(Reporting by Bhargav Acharya in Bengaluru; Editing by Sherry Jacob-Phillips)

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