Blackstone, Cerberus Are Among Bidders for Spain’s Cirsa Manuel Baigorri and Sarah Syed, Bloomberg · February 8, 2018 at 5:06 pm U.S. buyout firms Blackstone Group LP and Cerberus Capital Management are among funds considering bids to acquire Spanish casino and bingo-hall operator Cirsa Gaming Corp., according to people familiar with the matter. Advent International and Apollo Global Management LLC are also weighing offers for the Barcelona-based business, the people said, asking not to be identified because the deliberations are private. Cirsa has also attracted interest from other gaming companies, the people said. Cirsa, owned by billionaire Manuel Lao Hernandez, could fetch an enterprise value of 2 billion euros ($2.45 billion) in a potential sale, they said. Non-binding bids for the business are due in the coming weeks, the people said. Potential buyers have expressed concerns about the company’s exposure to Latin America as well as investing in the gambling industry, the people said.