06:40 AM EDT, 03/27/2024 (MT Newswires) -- Blackstone (BX) is considering a sale of Trilliant Food and Nutrition that could value the company at about $600 million, including debt, Reuters reported Tuesday, citing three unnamed people familiar with the matter.

According to the sources, the private equity firm has hired Bank of America (BAC) to advise it on a possible sale, the report said.

Blackstone acquired a majority stake in Trilliant, a beverage maker, in 2017, the news outlet reported.

Blackstone did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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