People familiar with the matter said that Blackstone Group is preparing to sell Clarion's Asian business as part of its overall plan to restart the sale of the British convention and exhibition agency. Sources said that the private equity firm is cooperating with Goldman Sachs Group to advance this potential asset divestment. Since the information has not yet been disclosed, relevant people requested anonymity. According to unnamed sources, the deal is valued at around $600 million to $700 million.

People familiar with the matter said that Blackstone Group is preparing to sell Clarion's Asian business as part of its overall plan to restart the sale of the British convention and exhibition agency. Sources said that the private equity firm is cooperating with Goldman Sachs Group to advance this potential asset divestment. Since the information has not yet been disclosed, relevant people requested anonymity. According to unnamed sources, the deal is valued at around $600 million to $700 million.