Blackstone is working with a financial adviser to assess buyer interest from both private equity firms and strategic investors. A transaction could value the ICT business at more than $1bn, although discussions remain preliminary and no final decision has been taken. Interplex was acquired by Blackstone in 2022 from Baring Private Equity Asia, which has since been absorbed into EQT. The Singapore-based group manufactures components used in electric vehicles, autonomous driving systems, medical and life sciences equipment, and cloud computing infrastructure. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today.
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