Blackstone weighs sale of $2.6 bln events group Clarion, sources say

Blackstone Group (BX.N), opens new tab is exploring options for Clarion Events, including a sale, that could value the business at up to 2 billion pounds ($2.6 billion), three people familiar with the matter told Reuters, as appetite for event organisers continues to recover after the pandemic.

The U.S. buyout group has in recent months held informal talks with private equity funds including CVC (CVC.AS), opens new tab and KKR (KKR.N), opens new tab, which may be interested in buying the London-based business, the people said, speaking on condition of anonymity.