03:08 PM EDT, 04/30/2024 (MT Newswires) -- Blackstone (BX) is in advanced talks with Education in Motion to acquire some of Dulwich College International's Asian assets for about $600 million, Bloomberg late Monday, citing people with knowledge of the matter.

The deal would include acquiring schools in Singapore and South Korea but not ones based in China, according to Bloomberg, citing the sources.

Blackstone plans to open Dulwich school in the Middle East if the acquisition goes through, the sources were quoted as saying.

Neither firm immediately responded to requests for comment from MT Newswires.

(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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