Derichebourg family sells 2% stake at top
On Monday night, the first equity block trade of the week in Europe came in the form of a sale of a 2% stake in Derichebourg, the French rubbish collection, recycling and outsourcing group that has a €1.2bn market cap, by the controlling family.
Derichebourg has not been a common sight in the equity capital market — Dealogic records no transactions before May — but in the last two months there have been two.On May 31 the company sold all its 8.98m treasury shares, a 5.5% stake, for €51.2m in a ...
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