Blackstone buys majority stake in Japanese payments firm
Blackstone says Sony Bank will continue to support the growth of Sony Payment as a minority shareholder.
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Blackstone says Sony Bank will continue to support the growth of Sony Payment as a minority shareholder.
(Bloomberg) -- Blackstone Inc. will take a majority stake in a payment service provider under Sony Group Corp. for about $280 million, a person familiar with the matter said.Most Read from BloombergVilified Zero-Day Options Blamed by Traders for S&P DeclineHarvard Financial Pain Grows as Blavatnik Joins Donor RevoltHyperloop One to Shut Down After Failing to Reinvent TransitGiuliani Files for Bankruptcy After $148 Million Defamation LossUS Inflation Report to Show Fed’s Battle Is Now All But Com
Alternative asset manager Blackstone is reportedly set to acquire an 80% stake in Sony Payment Services, a payment service provider under Sony Group.
Global asset manager Blackstone said it has agreed to acquire a majority stake in Sony's payment services unit.
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