I Squared, Blackstone Said to Mull Joint Bid for Ströer Unit

I Squared Capital is teaming up with Blackstone Inc. on a potential new offer for German media group Ströer SE’s core advertising business, according to people familiar with the matter.

By Eyk Henning, Swetha Gopinath · Bloomberg Markets

I Squared Capital is teaming up with Blackstone Inc. on a potential new offer for German media group Ströer SE’s core advertising business, according to people familiar with the matter.