Blackstone (BX) to Acquire International Data Group
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Blackstone to Acquire International Data Group, a Leading Market Intelligence and Data Platform for the Technology Industry
June 3, 2021 8:30 AM EDTBOSTON & NEW YORK--(BUSINESS WIRE)-- Blackstone (NYSE: BX) announced today that private equity funds managed by Blackstone (Blackstone) have entered into a definitive agreement to acquire International Data Group, Inc. (IDG) from Oriental Rainbow, LLC, a subsidiary of China Oceanwide Holdings Group, Co. Ltd. for an enterprise value of $1.3 billion.
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