Deals

Blackstone Said to Weigh Stake Sale in Marketing Firm HH Global

  • Moelis is helping to arrange the potential minority stake sale
  • Stake sale could value HH Global at £2 billion to £2.5 billion
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Blackstone Inc. is considering selling its minority stake in British outsourced marketing provider HH Global, according to people familiar with the matter.

The asset management giant is working with Moelis & Co. on the potential transaction, said the people, who asked not to be identified as the information is private. A stake sale could value HH Global at around £2 billion ($2.6 billion) to £2.5 billion, the people said.