EQT completes sale of shares in Azelis Group NV
- Editor
- Mar 4
- 1 min read
Whats Happening:
EQT, a private equity fund, has completed the sale of 20 million shares in Azelis Group NV. The transaction resulted in aggregate gross proceeds of approximately €366 million, with EQT receiving about €333 million. The sale was finalized on February 28, 2025, with BNP Paribas, Goldman Sachs, and J.P. Morgan acting as joint global coordinators for the transaction.
Key Moves:
EQT sells 20 million shares in Azelis Group NV
Transaction completed on February 28, 2025
BNP Paribas, Goldman Sachs, and J.P. Morgan acted as joint global coordinators
By The Numbers:
Total gross proceeds: €366 million
EQT's gross proceeds: €333 million
20 million shares sold
Bottom Line:
EQT's successful sale of 20 million shares in Azelis Group NV demonstrates the fund's ability to execute significant transactions in the market. The €333 million in gross proceeds for EQT represents a substantial return on their investment, highlighting the fund's capacity to generate value for its investors through strategic exits.
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