2 player in the enterprise resource planning (erp) market, for 1.32 trillion won. 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 per cent stake in the enterprise software provider, marking one of. Eqt will buy a 37.6% stake in douzone bizon for usd 930m
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Eqt has agreed to acquire a 37.6% stake in south korean enterprise software company douzone bizon for approximately $930m, marking one of the private equity firm’s largest asian investments this year
The deal, executed through eqt’s.
Eqt is acquiring a significant minority stake in douzone bizon, a south korean provider of enterprise resource planning and business software solutions, with an investment of approximately $930 million (1.3 trillion won) The deal will give eqt a 37.6% ownership in the company, based on shares.