Blackstone (Hilton) kauft Mint Hotelgruppe

LONDON—Blackstone Group has bought U.K. hotel group Mint for about $950 million, expanding the U.S. private-equity group's hotel portfolio.

Blackstone, which owns the Hilton Worldwide chain of hotels, will take over Mint's eight four-star hotels, consisting of seven in the U.K. and one in Amsterdam, Mint said in a statement.

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Blackstone’s Hilton International chain will reposition the Mint hotels within its Double Tree by Hilton and Hilton Garden Inn brands. Hilton is seeking to add 100 more hotels to its network through 2014.

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