M&A
confidence high
sentiment neutral
materiality 0.60
AMG completes sale of BPEA stake to EQT for $240M cash and 28.68M shares
AFFILIATED MANAGERS GROUP, INC.
- Pre-tax cash consideration of $240.0M plus 28.68M EQT ordinary shares received.
- AMG will retain future carry in certain existing BPEA funds.
- 25% of the EQT ordinary shares are subject to a six-month lock-up after closing.