EQT to sell majority stake in real estate platform idealista in EUR 2.9 billion transaction

EQT, which acquired idealista in 2020 at a EUR 1.3 billion valuation, will retain an 18 percent stake Cinven will acquire 70 percent of idealista; funds advised by Apax and Oakley will sell their shareholdings Jesus Encinar, founder and Chairman of idealista, will also retain his stake…