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Private Equity

Blackstone backs South Korea’s Futronic

privateequitywire

4 weeks ago

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Blackstone is to make a significant investment in South Korean robotics components manufacturer Futronic, strengthening its exposure to the fast-growing automation and industrial technology sectors, according to a report by Reuters.
Private equity funds managed by Blackstone have entered into a definitive agreement to invest in the supplier of high-precision actuators used in automotive and industrial robotics applications.
The report cites an unnamed source familiar with the transaction as high...

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