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EQT’s red-hot Aussie team to pay $1.5b-plus for auction house Pickles

The Australian Financial Review (AFR) •
November 13, 2026 • 02:02 AM
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The firm is set to punch through an astonishing $20 billion worth of deals on these shores with the acquisition of the country’s largest marketplace for secondhand industrial assets.

EQT’s red-hot Aussie team to pay $1.5b-plus for auction house Pickles

EQT’s local dealmaking team is on a tear.

Six years after Ken Wong, partner and head of Asia-Pacific infrastructure, set up shop in Sydney, the Swedish private equity firm is poised to punch through an astonishing $20 billion worth of deals on these shores with the acquisition of Pickles, the country’s largest marketplace for secondhand industrial assets,

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