EQT AB (publ) Q1 announcement 2021 finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Combination with Exeter Property Group completed - introducing EQT Exeter
STOCKHOLM, April 1, 2021 /PRNewswire/ Following the signing of a definitive agreement as announced on 26 January 2021 to combine with Exeter Property Group ( Exeter ) (the Transaction ), EQT AB ( EQT ) is pleased to announce that the Transaction has been completed. All necessary closing conditions, including regulatory, anti-trust and fund investor clearances, have been achieved.
As previously announced, Ward Fitzgerald, CEO and founder of Exeter, will join EQT s Executive Committee ( ExCom ) following completion of the Transaction.
The total consideration is USD 1,870 million, and as part of the Transaction, EQT has issued 33,296,240 shares to Exeter s selling shareholders, corresponding to dilution of approximately 3.4 percent. EQT will have 986,280,140 ordinary shares issued and outstanding following the completion of the Transaction.
EQT joins FCLTGlobal and the movement of ending short-termism in the global capital markets finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Epidemic Sound brings in EQT Growth and Blackstone Growth to support its next phase of development
News provided by
Share this article
STOCKHOLM, March 11, 2021 /PRNewswire/
EQT Growth and funds managed by Blackstone Growth invest USD 450 million in Epidemic Sound, the market leading platform for restriction-free music, in a transaction valuing the company at USD 1.4 billion
EQT Growth will, together with Epidemic Sound s other shareholders, support international expansion in both existing and new markets, and accelerate customer acquisition as well as investments in the core user experience
EQT Mid Market Europe, which invested in Epidemic Sound in 2017, remains committed to long-term growth and continues to back the Company alongside the other investors
- EQT has held its first closing for the EQT Infrastructure V fund, reaching approximately EUR 12.5 billion which corresponds to the communicated target fund size - EQT expects the fund to reach