Asia: EQT takes major strategic step into Asia with acquisition of BPEA

EQT has taking a major step in becoming a true global player after acquiring Baring Private Equity Asia (BPEA), a leading private markets investment firm in Asia with €17.7bn of assets under management. The acquisition, valued at €6.8bn (US$7.52bn) and paid with €1.5bn in cash and €5.3bn in shares, is a strategic move by EQT…