Blackstone (BX) is nearing an agreement to reacquire Trans Maldivian Airways eight years after selling the seaplane operator to a consortium of Bain Capital and Tempus Group, The Economic Times reported Thursday, citing unnamed sources familiar with the plan.
Financial terms were not disclosed.
Carlyle Group (CG) acquired Trans Maldivian in 2021 and became its majority owner.
Blackstone, Carlyle, and Trans Maldivian did not immediately respond to MT Newswires' requests for comment.
Blackstone shares were down 2.5% in recent Friday trading, while Carlyle was 2% lower.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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