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The Economic Times

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.

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