Aug 6 Blackstone Group LP had hired four
banks, including U.S. firm Morgan Stanley and Swiss bank
UBS, to assist with the initial public offering of
Dutch financial services company Intertrust Group Holding SA,
Bloomberg reported on Tuesday, citing three people with
knowledge of the matter.
Two of the sources told the news agency that ABN Amro Group
NV and Germany's Deutsche Bank AG had also been
selected to work on a possible sale of the company.
The world's largest alternative asset manager could seek to
get about 2 billion euros ($2.67 billion) including debt, for
the Amsterdam-based financial services provider, Bloomberg
quoted the two sources as saying. (buswk.co/1qVMHko)
None of the concerned parties could immediately be reached
for a comment.
Intertrust, which Blackstone agreed to buy in December 2012,
provides tax and other business services for private equity,
wealthy individuals and companies.
($1 = 0.7479 Euros)
(Reporting by Esha Vaish in Bangalore; Editing by Lisa