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. 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) The deal will give eqt a 37.6% ownership in the company, based on shares. 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. (corrects to add media packaging code and dropped word of to the headline)swedish investment firm eqt said on friday it would invest about $930 million in south korea's douzone bizon to take up.
WATCH