Chinese HSG reportedly in advanced talks to acquire Blackstone’s and potentially Kaufmann’s stakes in Leica Camera

Bloomberg reports that HSG (HongShan Capital Group, formerly Sequoia Capital China) has emerged as the leading bidder in advanced discussions to acquire Blackstone’s approximately 45% stake in Leica Camera AG. According to people familiar with the matter, HSG may also seek to purchase the remaining ~55% held by the Kaufmann family (via ACM Projektentwicklung), potentially […] The post Chinese HSG reportedly in advanced talks to acquire Blackstone’s and potentially Kaufmann’s stakes in Leica Camera appeared first on Leica Rumors. Related posts: 1. Report: Blackstone could sell control of Leica Camera in €1 billion deal 2. 50% off Black Friday sale on M6 pins, M3 tins, and colored M body caps 3. Rumors: Leica killed the development of a new mirrorless medium format camera