Investment company Franz Haniel & Cie. sold 13.4m shares, and provided a 1.2m share greenshoe, for €11.50 each. That was a 1.8% discount to Friday’s pre-deal €11.71 close, and a 10.5% discount to the unaffected share price.
The deal will reduce Haniel’s holding from 70.44% to 50.01%, if the greenshoe is used.The shares ...
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