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

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Silver & Copper Supply Distortions Continue

Gold stocks down in risk-on shift

Gold stocks rocket on metal rebound and equities jump

Silver supply shortage continues

Several new entrants to TSXV large gold, including producer Asante