EQT Holdings Affiliate Completes Sale of Remaining Stake in Azelis Group for Aggregate Proceeds of Around 190 Million Euros

MT Newswires Live

02/27

EQT Holdings (ASX:EQT) said that Akita I, an entity indirectly controlled by an affiliate of the EQT VIII fund, completed the sale of its remaining around 10% stake in Azelis Group on Thursday, consisting of around 24 million shares, for aggregate proceeds of around 190 million euros, according to a Friday statement.

As part of the Sale, EQT VIII will receive gross proceeds of around 173 million euros.

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