Blackstone Leads Race For £1.1bn Cannes Owner

Top Right GroupThe buyout titan Blackstone is leading the race to buy the Cannes advertising festival’s parent company as its current owner weighs the alternative of a £1.1bn stock market listing. Sky News understands that Blackstone is holding detailed talks with the management team at Top Right Group, the events and business media group which is currently owned by Apax Partners, another private equity firm, and the publisher of The Guardian newspaper.

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