Blackstone to acquire a majority stake in Skroutz from CVC

AI Summary

Blackstone's new acquisition of a majority stake in Skroutz from CVC highlights a significant development in the online retail market. This strategic move is part of Blackstone's ongoing efforts to solidify its influence in tech and e-commerce sectors.

Skroutz is an online marketplace in Greece that offers more than 12 million products from approximately 9,000 merchants. The post Blackstone to acquire a majority stake in Skroutz from CVC appeared first on PE Hub.