EQT to acquire Baring Private Equity Asia for $7.5 billion

Swedish-headquartered private equity firm, EQT, last week announced an agreement to buy Hong Kong alternative investor, Baring Private Equity Asia (BPEA). The deal is valued at €6.8 billion ($7.5 billion) and consists of 191.2 million new ordinary EQT shares and €1.5 billion in cash.