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Market Chatter: Blackstone Seeking to Jettison Healthcare Groups in Multibillion-Dollar Deals
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Market Chatter: Blackstone Seeking to Jettison Healthcare Groups in Multibillion-Dollar Deals
Feb 25, 2025 7:54 AM

10:28 AM EST, 02/25/2025 (MT Newswires) -- Blackstone (BX) and Omers are looking to offload multibillion-dollar healthcare services companies, putting them up for sale as they strive to return cash to investors, the Financial Times reported Tuesday, citing people familiar with the matter.

Blackstone has hired advisers to help with the sale of its majority stake in HealthEdge, a health insurance software provider, and is looking to secure a deal that values the company at over $2.5 billion, three of the people reportedly said.

Omers is working with advisers to sell Premise Health, seeking a $2 billion valuation, the FT reported, citing the people.

Blackstone and Omers did not immediately reply to requests for comment from MT Newswires.

BX shares were down 2% in recent trading.

(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.)

Price: 154.12, Change: -2.95, Percent Change: -1.88

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