Blackstone Reportedly Mulling Sale of $7B Visa Outsourcing Firm VFS
Blackstone(BX) Investopedia·2024-09-13 16:35
KEY TAKEAWAYSPrivate equity giant Blackstone is reportedly mulling options for VFS Global, including a sale of its majority stake in the visa outsourcing and technology services firm.A sale of the Dubai- and Zurich-headquartered unit could value VFS at around $7 billion, Bloomberg reported.Blackstone has reportedly held preliminary talks with advisors to evaluate a full or partial sale of VFS, which it bought into in 2022. Private equity giant Blackstone (BX) is reportedly mulling options for VFS Global, in ...