Blackstone Group has completed the acquisition of U.K. hotel group Mint, The Wall Street Journal reports. The U.S. private equity group has paid a total of $950 million for the acquisition. As a part of the deal, Blackstone will purchase Mint’s eight four-star hotels, of which seven are in the U.K. and one in Amsterdam. U.S. buyout firm TPG had also bid for Mint group.
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