The Korea Herald
The Korea Herald
AsiaPac · 23 mins ago

Blackstone invests in South Korean robotics supplier Futronic

Blackstone ​has invested in Futronic, a supplier of high-precision actuators ‌serving automotive and industrial robotics sectors, the world's largest alternative asset manager ‌said on Monday. The deal values the South Korean firm at about ⁠1 trillion won ($676.04 million), according to a person with knowledge of the matter. Blackstone and ⁠Futronic did not immediately respond to requests for comment. Here ​are a few details: * Blackstone said ‌that private equity funds affiliated ‌with the ‌alt
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