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Announced

Completed

Blackstone completed the acquisition of International Data Group from China Oceanwide Holdings for $1.3bn.

Financials

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Transaction Value£919m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Domestic

media & telecom

Publishing

United States

Acquisition

Single Bidder

Majority

Private Equity

Private

Completed

Synopsis

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Blackstone, a private equity firm, completed the acquisition of International Data Group, an intelligence and data platform, from China Oceanwide Holdings, a Chinese publicly traded conglomerate, for $1.3bn. "Additional capital investment from Blackstone will allow us to cultivate our rich history of innovation and accelerate our product roadmaps to bring our customers the deeper insights and data they need to succeed in today’s rapidly evolving digital economy,” Mohamad Ali, IDG CEO.

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