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Swedish investment firm eqt said on friday it would invest about $930 million in south korea's douzone bizon to take up a 37.6% stake in the enterprise software provider, marking one of its. Sweden's eqt is set to acquire a controlling stake in south korean enterprise software provider douzone bizon for about $930 million, the asset manager said friday. Eqt group has agreed to take a significant minority position in south korea’s cloud erp market, signing a share purchase agreement to invest approximately usd 930 million into douzone bizon (krx
The transaction would deliver a roughly 37.6% holding on a fully diluted basis, subject to standard government clearances. The deal will give eqt a 37.6% ownership in the company, based on shares. Eqt has agreed to acquire a 37.6% stake in south korean enterprise software company douzone bizon for approximately $930m, marking one of the private equity firm’s largest asian investments this year
The deal, executed through eqt’s.
Swedish investment firm eqt said on friday it would invest about us$930 million in south korea’s douzone bizon to take up a 37.6 per cent stake in the enterprise software provider, marking one of its largest bets in asia this year. Eqt is acquiring a significant minority stake in douzone bizon, a south korean provider of enterprise resource planning and business software solutions, with an investment of approximately $930 million (1.3 trillion won)
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