October 11, 2018 / 6:32 PM / in 8 days

Blackstone close to 800 mln pound deal to buy UK live events complex NEC Group - Sky News

Oct 11 (Reuters) - Blackstone Group is nearing a deal to buy British live events complex NEC Group, and has agreed to pay just over 800 million pounds ($1.06 billion) for the business, Sky News reported on Thursday.

Blackstone could strike a deal for the Birmingham-based complex as soon as Friday, Sky News reported.

Blackstone and NEC Group did not immediately respond to requests for comment.

$1 = 0.7559 pounds Reporting by Gaurika Juneja in Bengaluru; Editing by Susan Fenton

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