All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Hugo Boss flop rekindles ABB debates

Private equity sponsor Permira sold down 10% of Hugo Boss on Friday in the latest high-profile auctioned ABB flop. Morgan Stanley won the mandate, launched the trade late on Thursday, re-priced it on Friday morning, never put out a covered message, and saw the shares trade down in a strongly positive afternoon market.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree