Reverse enquiries let Ray shred Rexel lock-up

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Reverse enquiries let Ray shred Rexel lock-up

Ray Investments raised €526m from a sale of shares in French electrical office supplies firm Rexel on Tuesday. Reverse enquiries led the private equity consortium to take its last opportunity to sell in August, obtaining a lock-up waiver to do so.

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