Blackstone said to mull selling stake in Dubai-based school operator GEMS

Blackstone said to mull selling stake in Dubai-based school operator GEMS

Pedestrians are reflected on glass in front of Blackstone Group LP headquarters in New York, U.S., on Friday, April 14, 2017. Photographer: Victor J. Blue/Bloomberg

Blackstone Group LP and other investors in GEMS Education are weighing the sale of a 25 percent stake in the Dubai-based school operator after putting plans for an initial public offering on hold, according to people familiar with the matter.

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