Brief: Ardian Group And Sofina Launch Sale Of Part Of Their Stakes In Mersen

Sofina SA

14/03/2018 17:48

March 14 (Reuters) - ARDIAN GROUP AND SOFINA:
    * BLOCK TRADE: ARDIAN GROUP AND SOFINA ANNOUNCE TODAY THE
LAUNCH
OF THE SALE OF PART OF THEIR RESPECTIVE STAKES IN MERSEN, S.A.
    * ARDIAN GROUP AND SOFINA ANNOUNCE TODAY THE LAUNCH OF THE
SALE OF
PART OF THEIR RESPECTIVE STAKES IN MERSEN, S.A.‍​
    * BLOCK TRADE: ARDIAN GROUP AND SOFINA - SELLING C. 2.2
MILLION
MERSEN SHARES IN AGGREGATE, REPRESENTING APPROXIMATELY 11% OF
THE COMPANY'S SHARE CAPITAL
    * THE SELLERS ARE SELLING C. 2.2 MILLION MERSEN SHARES IN
AGGREGATE, REPRESENTING APPROXIMATELY 11% OF THE COMPANY'S SHARE
CAPITAL, IN A PRIVATE PLACEMENT RESERVED TO INSTITUTIONAL
INVESTORS‍​
    * FOLLOWING THIS TRANSACTION, ARDIAN GROUP AND SOFINA WILL
HOLD
RESPECTIVELY 10% AND 5% OF MERSEN’S SHARE CAPITAL
    * BLOCK TRADE: ARDIAN GROUP AND SOFINA - FOLLOWING
TRANSACTION,
ARDIAN GROUP AND SOFINA WILL HOLD RESPECTIVELY C. 2.1M AND
C.1.0M SHARES
    * MERSEN PLACEMENT IS MANAGED BY BNP PARIBAS ACTING AS SOLE
GLOBAL
COORDINATOR AND JOINT BOOKRUNNER AND SOCIÉTÉ GÉNÉRALE ACTING AS
JOINT BOOKRUNNER
    * BLOCK TRADE: ARDIAN GROUP AND SOFINA - AS PART OF THE
PLACEMENT,
MERSEN INTENDS TO BUY BACK 200,000 SHARES


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