Blackstone's Cirsa Plans to Raise $459 Million in Spain IPO
Blackstone's Cirsa, a Spanish casino operator, plans to launch an initial public offering in Spain with the goal of raising 400 million euros ($459.3 million) to boost its growth strategy.
The gambling company intends to apply for its shares to be admitted for trading on Spanish stock exchanges, it said Wednesday. The move comes seven years after Cirsa's acquisition by Blackstone.
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