Blackstone to Buy Priority Software Stake in Biggest Israel Deal
Portfolio Pulse from Benzinga Newsdesk
Blackstone Group Inc. is set to acquire a significant stake in Priority Software, marking the largest deal in Israel's tech sector. This acquisition highlights Blackstone's continued investment in technology and international markets.
May 16, 2024 | 12:21 pm
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Blackstone Group Inc. is acquiring a significant stake in Priority Software, marking the largest deal in Israel's tech sector. This move underscores Blackstone's strategic focus on expanding its technology investments and international presence.
The acquisition of a significant stake in Priority Software by Blackstone is a strategic move that aligns with the company's focus on technology and international markets. This deal, being the largest in Israel's tech sector, is likely to positively impact Blackstone's stock price in the short term due to the potential for growth and expansion in a lucrative market.
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