Blackstone seals heavily-reduced NIBC buyout after dropping bid from €1.36bn in wake of Covid-19
Blackstone has seen its heavily-reduced buyout offer for Dutch Bank NIBC accepted by the lender, giving the business a valuation of just over €1bn.
Blackstone has seen its heavily-reduced buyout offer for Dutch Bank NIBC accepted by the lender, giving the business a valuation of just over €1bn.
US private equity giant Blackstone has slashed its previously agreed buyout offer for Dutch bank NIBC by about 25% due to the coronavirus crisis.
