affiliated managers group inc amg said wednesday it agreed to sell its minority interest in baring private equity asia bpea to eqt ab eqt for 11 billion based on the eqt closing share price on tuesday the purchase price includes 240 million in cash and 2868 million eqt ordinary shares amg will retain future carry in existing funds the firm said the sale comes after amg acquired its 15 interest in bpea for 1875 million in 2016 affiliated managers group said it expects bpea to generate about 35 million in ebitda in 2022 amgs sale of baring private equity asia is expected to close in the fourth quarter amg ceo jay c horgen said its ownership stake in bpea has resulted in a successful outcome for all stakeholders shares of amg are down 208 in 2022 compared to a drop of 106 by the sp 500