Blackstone in talks to merge Alight with blank-check acquisition firm

Private equity firm Blackstone Group Inc is in talks to merge U.S. benefits services provider Alight Solutions LLC with a blank-check acquisition firm backed by veteran investor Bill Foley, according to people familiar with the matter. The merger with Foley Trasimene Acquisition Corp would result in Alight becoming a publicly-listed company at a valuation of […]

Blackstone in talks with private jet group Signature Aviation over £3bn deal

Blackstone is in talks with Signature Aviation about a possible takeover bid that would value the UK private jet company’s equity at more than £3bn, with the buyout group seeing an opportunity after its share price tumbled during the pandemic. The US private equity firm’s offer of $5.17 per Signature share is equivalent to £3.83, […]