Brief: Deutsche Bank Places Up To 5% Of Colonial In ABB Process

Colonial SFL SOCIMI SA

21/11/2024 17:03

Nov 21 (Reuters) - Deutsche Bank AG:
    * BEGINNING OF ABB PROCESS OF UP TO 5% OF COLONIAL
    * PARK S.À R.L. AND SIERRA NEVADA (BERMUDA) LP, WHICH ARE
CONTROLLED BY AGUILA LTD ARE SELLERS OF STAKE IN COLONIAL
    * SELLERS CONTEMPLATING SELLING UP TO 31.6 MILLION SHARES
    * FOLLOWING TRANSACTION, SELLERS WILL HOLD NO RESIDUAL STAKE
IN CO
    * COLONIAL WILL NOT RECEIVE ANY PROCEEDS FROM TRANSACTION

Source text:  ID:nCNMbJJdR0 
Further company coverage:  COL.MC 

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