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Blackstone invests in South Korea’s Futronic, valuing robotics supplier at $676M – report

Stocks & Finance
Blackstone invests in South Korea’s Futronic, valuing robotics supplier at $676M – report

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Asset manager Blackstone (BLK) agreed to acquire a majority stake in South Korean actuator and motion-control technology company Futronic, valuing the company at ~1 trillion won ($676 million).

Blackstone (BLK) announced that its private equity funds have signed a stock


Source: Seeking Alpha — This article was automatically imported from the source. Read full article at original source →

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Originally published by Seeking Alpha seekingalpha.com
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