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November 20, 2024
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Category: Signature Aviation

Blackstone Signature Aviation bidding war ends as rivals Blackstone, GIP team up for $4.7bn deal

Signature Aviation bidding war ends as rivals Blackstone, GIP team up for $4.7bn deal

The battle to buy private jet operator Signature Aviation has ended in accord after competing bidders Blackstone and Global Infrastructure Partners agreed to team up for a $4.7bn buyout.

Blackstone Signature Aviation accepts Blackstone’s $4.3bn offer

Signature Aviation accepts Blackstone’s $4.3bn offer

After it was revealed last week that Blackstone had offered to buy Signature Aviation for $4.3bn, the UK company has now accepted the deal. The deal means that Blackstone will pay $5.17 per share for

aircraft Blackstone in talks for £3bn Signature Aviation buyout, GIP sees bid rejected

Blackstone in talks for £3bn Signature Aviation buyout, GIP sees bid rejected

Global buyout giant Blackstone is in talks for a potential £3bn takeover of British private jet business Signature Aviation.

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