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UPDATE 1-Blackstone, GIC nearing Kronos minority stake deal - sources

2014-02-20 07:35:01| Chemicals - Topix.net

Private equity firm Blackstone Group LP and Singapore sovereign wealth fund GIC are in advanced talks to buy minority stakes in Kronos Inc that could value the human resources software company at around $4.5 billion, including debt, three people familiar with the matter said.

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