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Blackstone moves toward $4bn MacLean acquisition
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Blackstone moves toward $4bn MacLean acquisition
Blackstone Inc is reportedly nearing a deal to acquire MacLean Power Systems from Centerbridge Partners, in a transaction that could value the utility-parts business at more than $4bn, according to a report by Bloomberg, with an announcement potentially coming as early as next week. Based in Fort Mill, South Carolina, MacLean is a maker of anchoring systems, grounding products and other components essential for electric-power transmission and di…
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