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A digest of news and opinion from the Maldives.

Blackstone Group LP

Bain to Pursue Purchase of Tropical Island Airline – Bloomberg

Bain to Pursue Purchase of Tropical Island Airline – Bloomberg

By Maldives Times 3 min read

Trans Maldivian, which owns one of the world’s biggest seaplane fleets, carries visitors from the country’s international airport to luxury resorts on other islands.  Bain Capital LP is in the final stages of bidding for Blackstone Group LP’s seaplane operator in the Maldives, the tropical island chain known for its white sand and turquoise waters, […]

Blackstone Looking to Sell Seaplane Operator in the Maldives

By Maldives Times 2 min read

Blackstone Group LP may cash out from the Maldives, the tropical island chain known for its white-sand beaches and turquoise seascapes. The buyout firm is exploring options for seaplane operator Trans Maldivian Airways Pvt, including a possible sale, after receiving takeover interest in the company, according to people with knowledge of the matter. Blackstone is working […]