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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. This transaction marks one of eqt's largest ventures in asia this year, reinforcing its commitment to expanding within the asian technology market. Upon completion, the transaction would result in eqt holding 37.6% of shares outstanding (34.8% based on shares issued, including treasury shares) in douzone bizon
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Founded in 1991, douzone bizon. Swedish private equity firm eqt has announced a significant investment of approximately $930 million to acquire a 37.6% stake in south korea's douzone bizon, a leading provider of enterprise software solutions 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.
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.