Blackstone in Talks to Sell Stake in Camera Maker Leica

8/3/17

Buyout group Blackstone (BX.N) is in talks with potential buyers for its 45 percent stake in iconic high-end camera and sport optics maker Leica, people close to the matter said.

The investor has teamed up with an investment bank to work out strategic options for the company and has already held talks with several potential acquirers, the people said, adding no official auction process was underway.

Blackstone declined to comment.

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