9 place 3

456 UK’s PE firm Cinven acquires majority stake in idealista for €2.9B

Silicon Canals
Vigneshwar Ravichandran @ Silicon Canals · 07/01/2024 05:34 EDT

UK’s PE firm Cinven acquires majority stake in idealista for €2.9B

Stockholm-based EQT, a private equity firm, announced on Friday, June 28, the sale of its majority stake in the Spanish real estate platform idealista in a deal valued at €2.9B.  This transaction follows EQT’s initial acquisition of the Spanish company in 2020 at a valuation of €1.3B.  Following the sale, EQT retained an 18 percent ... Read more

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