08:50 AM EDT, 06/10/2025 (MT Newswires) -- Blackstone (BX) is mulling launching an initial public offering of Cirsa Enterprises that could generate less funds than previously anticipated after the private equity owner's recent injection of cash to pay down debt, Bloomberg reported Tuesday, citing people familiar with the matter.

An IPO could be launched in the coming weeks, but final decisions haven't been made and the transaction's timing and structure are subject to change, the people reportedly said.

An IPO of the Spanish casino operator, which Blackstone acquired in 2018, could fetch up to one billion euros ($1.14 billion), Bloomberg reported in November prior to the capital injection.

Blackstone and Cirsa didn't immediately respond to requests for comment from MT Newswires.

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