Zero Hedge
by Tyler Durden
Tuesday, Jul 21, 2026 – 05:45 AM
Blackstone, the world’s largest alternative asset manager, is making a big investment in Futronic, a 33-year-old automotive supplier whose motion-control technology has been adapted for industrial and humanoid robots, according to Reuters.
The deal values the South Korean firm at about 1 trillion won ($676.04 million), according to a person with knowledge of the matter. -RTRS