Blackstone will on Monday become the latest buyout firm to exploit the US central bank’s decision to delay a hike in interest rates by announcing a £2bn flotation of Intertrust, a global trust administrator. Sky News understands that Blackstone, which has owned well-known companies in the UK such as Butterkist popcorn and Center Parcs, will announce that it is pursuing an initial public offering of Intertrust in Amsterdam. Headquartered in the Netherlands, Intertrust specialises in advising on a range of financial services for clients, a sector which has attracted growing interest from private equity investors in recent years.