The Apax X Fund, in which Apax Global Alpha Limited is a limited partner, has announced the sale of its minority stake in idealista, an online real estate classifieds platform in Southern Europe, to Cinven. Headquartered in Madrid, idealista provides an online real estate classifieds marketplace for homebuyers and sellers. The transaction is expected to close in the fourth quarter of 2024.
Apax X Fund invested in idealista for a minority stake in February 2021 following Apax VIII's sale of the company to EQT.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.