© Reuters. SUBMIT IMAGE: Signs is seen outside the Blackstone Team head office in New york city City, UNITED STATE, January 18, 2023. REUTERS/Jeenah Moon
( Reuters) -Cvent Holding Corp stated on Tuesday acquistion company Blackstone (NYSE:-RRB- Inc would certainly buy the united state software program service provider that helps with in-person and also online conferences in an offer valued at $4.6 billion.
Cvent stated its investors would certainly obtain $8.50 per share, including that a subsidiary of the Abu Dhabi Financial Investment Authority (ADIA) will certainly be a substantial minority financier.
The deal rate stands for a costs of regarding 29% from Jan. 30, prior to media records of a prospective offer appeared.
Reuters had actually formerly reported that Cvent was discovering a sale of the business.
