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Yahoo
15-06-2025
- Business
- Yahoo
EQT sets target fund size for EQT XI at EUR 23 billion
THIS IS INFORMATION THAT EQT AB (PUBL) IS OBLIGED TO MAKE PUBLIC PURSUANT TO THE EU MARKET ABUSE REGULATION. THE INFORMATION WAS SUBMITTED FOR PUBLICATION, THROUGH THE AGENCY OF THE CONTACT PERSON SET OUT BELOW AT 15:00 CEST ON 15 JUNE 2025. STOCKHOLM, June 15, 2025 /PRNewswire/ -- EQT has today set the target size for EQT XI (or the "Fund") at EUR 23 billion. The actual fund size is dependent on the outcome of the fundraising process and may be higher or lower than the target size; the hard cap of the fund will be set at a later date. EQT XI's investment strategy is expected to be materially in line with the predecessor fund, EQT X. To ensure continuity between two fund generations, EQT's capital raisings usually follow a cycle with successor funds targeted to be in a position to commence investment activities when the predecessor fund is close to being fully invested. This means that the commitment period of the predecessor fund typically ends when approximately 80 to 90 percent of its total commitments are invested, with remaining commitments being available primarily for add-on acquisitions and strategic capital injections as well as for ongoing expenses. Management fees for EQT XI will be charged from the earlier of (i) the date of closing of the first investment by EQT XI; or (ii) the date of termination of the commitment period of EQT X. Management fees on EQT X are thereafter based on net invested capital. ContactOlof Svensson, Head of Shareholder Relations, +46 72 989 09 15EQT Press Office, press@ +46 8 506 55 334 The information contained herein does not constitute an offer to sell, nor a solicitation of an offer to buy, any security, and may not be used or relied upon in connection with any offer or solicitation. Any offer or solicitation in respect of EQT XI will be made only through a confidential private placement memorandum and related documents which will be furnished to qualified investors on a confidential basis in accordance with applicable laws and regulations. The information contained herein is not for publication or distribution to persons in the United States of America. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold without registration thereunder or pursuant to an available exemption therefrom. Any offering of securities to be made in the United States would have to be made by means of an offering document that would be obtainable from the issuer or its agents and would contain detailed information about the issuer of the securities and its management, as well as financial information. The securities may not be offered or sold in the United States absent registration or an exemption from registration. This information was brought to you by Cision The following files are available for download: PR_EQT XI Target Size_15.06.25 EQT View original content:
Bloomberg
03-06-2025
- Business
- Bloomberg
JSW Neo Energy Seeks $675 Million Loan for O2 Power Deal
India's JSW Neo Energy Ltd. is seeking a loan of about $675 million to back its purchase of renewable energy platform O2 Power from Sweden's EQT AB and Singapore's Temasek Holdings, according to people familiar with the matter. Deutsche Bank AG and Mitsubishi UFJ Financial Group are the mandated lead arrangers and bookrunners of the five-year deal, said the people, who asked not to be identified discussing private matters. The loan is being syndicated to the broader market, they added, with investor meetings taking place in Dubai, Singapore and Taipei this week.
Yahoo
30-05-2025
- Business
- Yahoo
Number of shares and votes in EQT
Cancellation of 6,899,011 ordinary shares held in treasury by EQT The cancellation was resolved by the Annual Shareholders' Meeting 2025 As of 30 May 2025, there are 1,177,185,346 shares outstanding in EQT STOCKHOLM, May 30, 2025 /PRNewswire/ -- The total number of shares and votes in EQT AB (publ) ("EQT") has decreased by 6,899,011 shares and votes during May 2025 as a result of a cancellation of 6,899,011 ordinary shares held in treasury by EQT. The cancellation was resolved by the Annual Shareholders' Meeting 2025 on 27 May 2025, in line with EQT's intention to off-set over time the dilution impact from shares delivered to participants in EQT's Share and Option Programs. The number of shares and votes in EQT as of 30 May 2025 is set out in the table below. Ordinary shares Class C shares1 Total Number of issued shares2 1,234,611,900 (1,234,611,900 votes) 496,056 (49,605.6 votes) 1,235,107,956 (1,234,661,505.6 votes) Number of shares owned by EQT AB3 57,922,610 - 57,922,610 Number of outstanding shares 1,176,689,290 (1,176,689,290 votes) 496,056 (49,605.6 votes) 1,177,185,346 (1,176,738,895.6 votes) 1 Carry one tenth (1/10) of a vote 2 Total number of shares in EQT AB, i.e. including the number of shares owned by EQT AB and the number of shares outstanding 3 EQT AB shares owned by EQT AB are not entitled to dividends or carry votes at shareholders' meetings This press release is published for regulatory reasons. Contact Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15EQT Press Office, press@ +46 8 506 55 334 This is information that EQT AB (publ) is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact person set out above, at 18:00 CET on 30 May 2025. This information was brought to you by Cision The following files are available for download: EQT - Number of shares and votes (30 May 2025) EQT Group View original content:
Bloomberg
28-05-2025
- Business
- Bloomberg
Buyout Firm Vista Nears $2 Billion Deal for Software Maker Acumatica
Vista Equity Partners is in advanced talks to acquire Acumatica Inc., a software company that helps businesses streamline workflow, according to people with knowledge of the matter. Vista is in discussions with Acumatica's owner, EQT AB, about a transaction that could value the Bellevue, Washington-based firm at $2 billion including debt, said the people.
Time of India
27-05-2025
- Business
- Time of India
Luxury Tokyo penthouse sold for over $65 million in booming market
A Tokyo penthouse developed by Swedish buyout firm EQT AB has sold for about ¥9.5 billion ($67 million), shedding light on the cost of buying into the city's booming high-end property market . The four-bedroom apartment at Marq Omotesando One , a luxury low-rise development near the bustling shopping district of Harajuku, went for more than ¥50 million per tsubo, the highest on record in Japan by that measure, EQT said in a statement. A tsubo is a Japanese unit of measurement that equates to 3.3 square meters, amounting to a sale price of about ¥9.5 billion for the 625-plus square-meter property, according to Bloomberg calculations. Ads By Google Ad will close in 30 Skip ad in 5 Skip Ad The Marq One penthouse stretches across the entire fourth floor of the property, with a spa room, three terraces and a private rooftop and pool. The condo is accessible via a private elevator from the garage, and amenities include a 24-hour concierge service with a valet. While the buyer wasn't disclosed, the price is a peek into the opaque world of luxury real estate sales in Japan. High-end properties in Tokyo have become more prevalent in recent years, as developers seek to tap rising demand from local and foreign buyers for higher returns. Sales are often limited to certain clients, with pricing kept under wraps. Live Events Home prices in Tokyo have been on a broad upward trend, driven by rising construction costs and a limited supply of new buildings. Sales of luxury properties in popular developments like Azabudai Hills' Aman Residences and Mita Garden Hills have also skewed average prices higher. EQT developed and finished building the 14-unit property in 2021, before selling the apartments in phases. One unit is still available for sale. The per-tsubo price exceeds the ¥44 million that a penthouse at the Aman in Azabudai Hills reportedly went for last year. That apartment is still the most expensive sold in Japan at a reported ¥30 billion. Prices of prime properties — defined as in the top 5% of the market — jumped more than 50% in Tokyo in the five years to June 2024, a time when values fell in Hong Kong, New York and London, according to real estate consultancy Knight Frank. Tokyo still offers a relative bargain for high-end property, with $1 million buying more than twice the amount of luxury living space than Hong Kong did in 2024, Knight Frank data show.
