Private Equity

Blackstone Buys Ancestry.com For Us$4.7 Billion As Gic Retains Stake, Companies & Markets News & Top Stories - The Straits Times

by straitstimes.com posted 12months ago 224 views
August 06, 2020 12:37 PMNEW YORK (REUTERS) - Blackstone Group said on Wednesday (Aug 5) it agreed to acquire genealogy provider Ancestry.com from private equity rivals for US$4.7 billion (S$6.4 billion), including debt, placing a big bet on family-tree chasing as well as personalised medicine.