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The Funds KKR and EQT Express Interest in Acquiring 80% of Idealista

The US and Scandinavian venture capital funds are interested in buying the Spanish real estate portal and could pay up to 1,200 million euros.

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The venture capital fund Apax Partners, the majority owner of the real estate portal Idealista, is analysing the sale of 80% of the ‘online’ platform after the Covid-19 outbreak paralysed its attempt to take the company public.

Now, the US ‘private equity’ firm KKR and the Scandinavian company EQT have expressed their interest in taking control of the company founded by Jesús Encinar, according to sources close to the process speaking to El Confidencial.

Read the full article in Spanish.

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