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Blackstone to Invest $170 million in IBS

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TechnoparkToday.com> >   Global Travel, Transportation and Logistics technology major IBS Software announced today that it will receive $170 million private equity investment from funds managed by  Blackstone (NYSE:BX) in exchange for a minority shareholding. Blackstone is buying out General Atlantic, a leading growth equity firm that has been invested in IBS since 2007, and other shareholders. …

[via TechnoparkToday.com – Technopark Life, News, Jobs, Events & Lifestyle!]

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