EQT agrees Cleanaway deal. EQT stock falls 1.69 percent

Published on 10/20/2026 at 10:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FAUM reached EUR 195 billion in third-quarter 2026. EQT stock costs EUR 26.13 on October 20, 2026, 1.69 percent below its Xetra close.

Deal size and platform growth

EQT agreed to acquire Cleanaway in a AUD 9.3 billion transaction on October 19, 2026.
Fee-generating assets under management reached EUR 195 billion in the third quarter of 2026.
EQT stock trades at EUR 26.13 at 10:33 a.m. CEST at Lang & Schwarz on October 20, 2026, 1.69 percent below the Xetra close of October 19, 2026.

Flatlay mit Aktienzertifikat, ISIN-Karte, Lupe und Finanzdokumenten auf Holztisch — Flatlay-Arrangement mit Aktienzertifikat und ISIN-Karte, EQT AB SE0012853455 illustriert Kapitalmarktbezug der schwedischen Private-Equity-Gesellschaft visuell, Illustration mit AI erstellt.

EQT (SE0012853455) was trading at EUR 26.13 at Lang & Schwarz on October 20, 2026 at 10:33 a.m. CEST, down 1.69 percent against the Xetra close of October 19, 2026 at EUR 26.58. On October 19, 2026, EQT agreed to acquire Australian waste-management company Cleanaway in a AUD 9.3 billion transaction, according to MarketScreener.

Platform scale reaches EUR 195 billion

EQT's third-quarter announcement dated October 15, 2026 reported fee-generating assets under management of EUR 195 billion, up from EUR 139 billion a year earlier. Total assets under management reached EUR 354 billion, while gross inflows for the quarter were EUR 41.6 billion, according to EQT.

What does fundraising mean for EQT?

The firm raised its fundraising target for the current cycle to EUR 140 billion from EUR 100 billion. The third-quarter update also said net inflows reached EUR 10.9 billion for key funds, with EUR 10.3 billion linked to the inclusion of Coller Capital.

Analyst revisions show a divided valuation debate rather than a single market view. Goldman Sachs cut its target for EQT to SEK 405 from SEK 430 on October 19, 2026, while maintaining a buy rating, according to MarketScreener. The target change followed the latest company update and leaves execution on fundraising and acquisitions as the central investor question.

Three milestones shape the story

On August 31, 2026, EQT completed the Coller Capital combination, which added EUR 34 billion to third-quarter fee-generating assets under management, according to Investing.com. On October 15, 2026, EQT reported EUR 195 billion in fee-generating assets under management. On October 19, 2026, it agreed the AUD 9.3 billion Cleanaway transaction.

Stock trades below the October close

The stock reaction places the current euro quote below the prior Xetra reference, while the operating figures point to a larger platform and a higher fundraising ambition. At Lang & Schwarz, EQT was trading at EUR 26.13 on October 20, 2026 at 10:33 a.m. CEST, minus 1.69 percent versus the Xetra close of October 19, 2026 at EUR 26.58. The further course of trading is shown by the continuously updated real-time quote of EQT stock.