EQT to sell majority stake in real estate platform idealista in EUR 2.9 billion transaction

EQT Sweden

EQT, which acquired idealista in 2020 at a EUR 1.3 billion valuation, will retain an 18 percent stakeCinven will acquire 70 percent of idealista; funds advised by Apax and Oakley will sell their shareholdings Jesus Encinar, founder and Chairman of idealista, will also retain his stake and continue to lead the Company alongside the management teamView original content:https://www.prnewswire.co.uk/news-releases/eqt-to-sell-majority-stake-in-real-estate-platform-idealista-in-eur-2-9-billion-transaction-302185515.html