Blackstone to Acquire Majority Stake in Greek Marketplace Skroutz From CVC (BX:NYSE)

Blackstone Agrees to Buy Stake in Greek Online Market Skroutz

Blackstone to buy leading Greek marketplace Skroutz from CVC Capital Partners

Blackstone announced on Monday that funds managed by its private equity business have reached a definitive agreement to acquire a majority stake in Skroutz, Greece’s largest online shopping platform, from CVC Capital Partners Fund VII. The transaction marks a major new chapter for Skroutz, which has grown into the most popular ecommerce platform in Greece, serving approximately 2.5 million active users and offering more than 26 million products …

Blackstone to acquire majority stake in Greek marketplace Skroutz from CVC (BX:NYSE)

Blackstone (BX) to acquire majority stake in Greece’s Skroutz from CVC.

Blackstone to acquire Greek e-commerce entity Skroutz

US investment company Blackstone has agreed to buy a majority stake in Greek online marketplace Skroutz from CVC Capital Partners Fund VII.The post Blackstone to acquire Greek e-commerce entity Skroutz appeared first on Retail Insight Network.

Blackstone to acquire Skroutz in $74 million deal – CEO NA Magazine

Blackstone announced today that its private equity funds have reached a definitive agreement to acquire a majority stake in Skroutz, Greece’s leading online marketplace, from CVC Capital Partners Fund VII.  Founded in 2005, Skroutz is Greece’s top e-commerce platform, offering over 26 million products from around 9,000 merchants to approximately 2.5 million active users. The deal reportedly values the Greek company, including its debt, at approx…

Blackstone to acquire Greek e-commerce platform Skroutz from CVC

Blackstone will acquire Greek e-commerce platform ‌Skroutz from CVC Capital Partners Fund VII, CVC has said.