Investor supports EQT’s acquisition of Baring Private Equity Asia
Earlier today EQT AB announced that it has reached an agreement to acquire Baring Private Equity Asia, a leading private markets investment firm in Asia and Australia with EUR 17.7bn of assets under management. The acquisition will considerably strengthen EQT’s global reach and the total consideration of EUR 6.8bn consists of 191.2m new ordinary EQT shares and EUR 1.5bn in cash. As the largest shareholder of EQT AB, Investor AB supports the transaction and has irrevocably committed to vote in favor of the share issue authorization at EQT’s Annual General Meeting (AGM) in June 2022.