Leifheit stake sold for more than 120 mln euros - source
23/04/2015 07:27
FRANKFURT, April 23 (Reuters) - The Schuler-Voith family
sold its 50.49 percent stake in German household products group
Leifheit LEIG.DE for more than 120 million euros ($128
million), according to a person close to the deal.
The person told Reuters on Thursday that the family placed
about 2.5 million shares at 49 euros apiece, which represents a
discount of almost 17 percent on Wednesday's closing price.
The Schuler-Voith family's investment vehicle HOME
Beteiligungs GmbH earlier said the order book was oversubscribed
by European institutional investors. ID:nFWN0XJ02M
($1 = 0.9348 euros)
(Reporting by Alexander Huebner; Writing by Maria Sheahan;
Editing by Andreas Framke and Ludwig Burger)
((maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters
Messaging: maria.sheahan.thomsonreuters.com@reuters.net))
Keywords: LEIFHEIT M&A/