Brief: Italian Wine Brands: OGV reduces its stake to zero via reverse book building

Italian Wine Brands SpA

02/05/2017 14:06

May 2 (Reuters) - Italian Wine Brands SpA  ITWB.MI : 
    * Says, on April 27, OGV reduced to zero its stake in the company after sale of 398,750 
ordinary shares for total EUR 3.7 million ($4.03 million) via reverse book building 
    * OGV shareholders are mainly private equity funds with a short residual time horizon 
 
Source text for Eikon:  ID:nBIA3k6mJd  
Further company coverage:  ITWB.MI  
 
($1 = 0.9170 euros) 
 
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