Blackstone (BX) has advanced to the final round of bidding to acquire Australian poultry...

|About: The Blackstone Group L.P. (BX)|By:, SA News Editor

Blackstone (BX) has advanced to the final round of bidding to acquire Australian poultry producer Inghams Enterprises in a deal that could be worth up to A$1.B ($1.5B). Should the U.S. P-E firm succeed, the deal would mark its first buyout in Australia. It is vying against Chinese agribusiness New Hope.