Combination with Exeter Property Group completed - introducing EQT Exeter STOCKHOLM, April 1, 2021 /PRNewswire/ -- Following the signing of a definitive agreement as announced on 26 January 2021 to combine with Exeter Property Group ("Exeter") (the "Transaction"), EQT AB ("EQT") is pleased to announce that the Transaction has been completed. All necessary closing conditions, including regulatory, anti-trust and fund investor clearances, have been achieved. As previously announced, Ward Fitzgerald, CEO and founder of Exeter, will join EQT's Executive Committee ("ExCom") following completion of the Transaction. The total consideration is USD 1,870 million, and as part of the Transaction, EQT has issued 33,296,240 shares to Exeter's selling shareholders, corresponding to dilution of approximately 3.4 percent. EQT will have 986,280,140 ordinary shares issued and outstanding following the completion of the Transaction.