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Blackstone to Buy 80% of Sony Payment Unit for $280 Million - Bloomberg

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Blackstone Inc. will take a majority stake in a payment service provider under Sony Group Corp. for about $280 million, a person familiar with the matter said.

The world’s largest alternative asset manager will buy 80% of Sony Payment Services Inc. in a transaction that is expected to be announced as soon as Friday, said the person, who asked not to be identified because the matter is private. A representative for Blackstone declined to comment. Sony didn’t respond to requests for comment.

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Blackstone to Buy 80% of Sony Payment Unit for $280 Million - Bloomberg
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