Blackstone buys diamond grading co IGI for $535mn

Blackstone, the world’s largest alternative asset manager, has acquired Belgian diamond grading firm International Gemological Institute (IGI), whose majority revenue and profits come from India, for $535 million.

May 22, 2023 - 08:30
Blackstone buys diamond grading co IGI for $535mn
Blackstone, the world’s largest alternative asset manager, has acquired Belgian diamond grading firm International Gemological Institute (IGI), whose majority revenue and profits come from India, for $535 million.