Blackstone close to buy Theme Parks

Blackstone Group

World's largest private equity firm Blackstone Group is in talks to buy Anheuser-Busch InBev's theme park business such as SeaWorld and Busch Gardens.

People familiar with the issue informed on the condition of anonymity that the deal id valued between $2.5 billion and $3 billion.

However, when contacted, Anheuser and Blackstone declined to comment on the report.

InBev, the biggest brewer in the world, has been selling off assets to pay back for the $52 billion deal in which it bought Anheuser-Busch previous year.

The deal could be announced as soon as coming week, but there are chances that the deal might fall apart.

Blackstone owns the Merlin Entertainments Group, a UK company that operates over fifty properties such as the Madame Tussauds wax-museum franchise and the London Eye Ferris wheel.

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