Announced
Completed
Financials
Tags
Friendly
Domestic
media & telecom
Publishing
United States
Acquisition
Single Bidder
Majority
Private Equity
Private
Completed
Synopsis
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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