Our American Heritage is disapearing…..
Meet EQT … 
“We are creators, operators, and entrepreneurs at heart. Building on a 150-year legacy and Nordic heritage”
The Great NW Winlock Industrial Park™ will be nothing more than a 15-minute city …
Exeter I-5 Gateway – Building 1
Founded in 1994, EQT is a private equity firm based in Stockholm, Sweden. The firm seeks to invest in healthcare, technology, services, and industrial Tech sectors. The firm also focuses on real estate sectors such as digital infrastructure, energy & environmental, social, transport & logistics, life sciences, and residential & self-storage.
Sweden’s EQT hit by market abuse probe
One of Europe’s largest PE firms is being investigated by Sweden’s financial watchdog for whether it violated regulations concerning the disclosure of insider information.
Stockholm-based EQT is facing a probe into whether it failed to publicize in a timely manner that its former and existing partners were selling shares in the firm totaling $2.7 billion. The public offering allowed senior executives to exit some of their stock earlier than planned under a lock-up agreement set at the time of its IPO that was supposed to extend until September 2022.
Financial regulator Finansinspektionen said that it decided to open an investigation over the “postponed publication of inside information” after being notified of the move by EQT on the same day as the share sale.
After being contacted by the authority Sept. 14 to justify the delay, EQT said in a statement: “EQT AB’s assessment is that the company has handled the information correctly and has obtained external expert advice on the matters. EQT AB provides the Swedish Financial Supervisory Authority with documentation and looks forward to a continued positive and constructive dialogue with the Authority.”
EQT has not since released a statement and was not available for a comment.
The share sale saw partners—including chairperson Conni Jonsson and CEO Christian Sinding—sell approximately 6% of the firm’s issued share capital for 370 Swedish kronor (about $42.75) apiece, representing a discount of 7.6% to its Sept. 7 closing price. In a press release about the sale, the partners said they would commit to reinvesting 50% of the proceeds into EQT vehicles over the next fund cycle.
Jonsson said Sept. 7 that the revision of the lock-up structure would improve stock liquidity and provide more solid governance by strengthening its ownership base. Another 8% of EQT’s current share capital is scheduled to be released in September 2023 with the remaining partner shares to be unlocked each year from 2024 to 2028.
The investigation comes two years after EQT made its public debut on Nasdaq Stockholm, giving it a market cap of 85.7 billion kronor. Since then, the firm has grown to be worth nearly 366 billion kronor with €71.3 billion (around $83.6 billion) in assets under management. Its most recent flagship fund, EQT IX, closed in April on €15.6 billion, with investments in companies including online real estate classifieds provider Idealista and Cerba Healthcare.
Following reports of the investigation, EQT’s share price dropped by as much as 7%.
Four New Distribution Centers Planned for Winlock Industrial Park…..
EQT is just one of the companies with a World View that ae aimed at destroying “The American Dream”. When the WEF said “You will own nothing and be happy” these guys were there planning Americas demise.
