Bumblebee vendor claims Blackstone has made an offer he can’t refuse

Bumblebee vendor claims Blackstone has made an offer he can’t refuse

(Bloomberg) – MagicLab founder Andrey Andreev once longed for the IPO https://datingrating.net/nl/sugardaddymeet-overzicht/ and Nasdaq listing for his company’s popular apps that are dating including Bumble.

But then Blackstone Group Inc. arrived “with a good deal,” said Andreev, 45, in an meeting at a London resort. “i really couldn’t refuse it.”

In November, the equity that is private acquired a big part stake in MagicLab with a worth of around three billion US bucks. Andreev, whom founded the organization in 2006, offered their stake and stepped down from their business underneath the agreement finalized this week. Now, with at the very least $ 1.5 billion at your fingertips, he intends to utilize the main money through the money deal for philanthropic purposes. Continue reading “Bumblebee vendor claims Blackstone has made an offer he can’t refuse”