Singapore Sovereign Wealth Fund and Blackstone Nearing Deal on Kronos
Posted on 02/21/2014
Singapore sovereign wealth fund, GIC Private Limited, and the Blackstone Group LP are in key discussions to purchase a minority stake in Kronos Inc. worth US$ 750 million for approximately 44% in equity. Massachusetts-based Kronos is a workforce management software company. The selling parties are Hellman & Friedman LLC and JMI Equity, both private equity […]
- Alternatives
- Blackstone Group
- GIC Private Limited
- Government of Singapore Investment Corporation
- Kronos
- Private Equity
