Blackstone-backed Hilton to increase IPO size to $2.25 bln
Hotel operator Hilton Worldwide Inc, owned by private equity firm Blackstone Group LP, will increase the size of its initial public offering to about $2.25 billion, which will let its preferred shareholders sell about $1 billion of stock, according to a source familiar with the matter, sister news service Reuters reported.
21 November 2013•1 min read
