Blackstone eyes £1.2bn bid for Top Right Group

Top Right GroupThe private equity giant Blackstone is among a pack of investment firms weighing £1.2bn takeover bids for the media conglomerate which owns the Cannes Lions advertising festival.Sky News understands that Blackstone, Advent International and TPG have expressed an interest in buying T Right Group from their rival buyout firm Apax Partners and the publisher of The Guardian newspaper.

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