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Blackstone exploring IPO: CNBC

Fri Mar 16, 2007 9:54am EDT

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NEW YORK, March 16 (Reuters) - Private equity firm Blackstone Group [BG.UL] is working with investment bank Goldman Sachs Group Inc. (GS.N) to launch an initial public offering of the firm, business news channel CNBC said on Friday. Blackstone declined to comment on the report.

((Reporting by Michael Flaherty, editing by Gerald E. McCormick; email michael.flaherty@reuters.com; +1 646-223-6152)) Keywords: BLACKSTONE IPO/

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