Financial Wire

Market Chatter: Blackstone Said to Mull Joint Bid With I Squared for Stroer Unit

-- Blackstone (BX) is partnering with I Squared Capital on a potential offer for the core advertising business of German media group Stroer, Bloomberg reported Monday, citing people familiar with the matter.

Blackstone and I Squared didn't immediately reply to requests for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $117.43, Change: $+2.60, Percent Change: +2.26%

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