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Blackstone agrees to invest in South Korea’s actuator supplier Futronic

$1.3 trillion U.S. asset manager Blackstone has agreed to invest in South Korea’s supplier of high-precision actuators, Futronic.  Blackstone said Monday private equity funds affiliated with the company entered a definitive agreement to “make a significant investment” in Futronic.  The firm didn’t disclose the size of the investment. However, the deal values the South Korean...

Blackstone agrees to invest in South Korea’s actuator supplier Futronic