Investors jump into large Zalando block trade

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By Sam Kerr
17 Sep 2019

A 13.3m share sale in Zalando, the German e-commerce company, met with strong investor interest on Monday night.

Credit Suisse and Goldman Sachs acted as bookrunners on the mandated block trade.

The seller in the €558m deal was Kinnevik AB, the Swedish investment company and Zalando’s largest shareholder.

The stake sold was a 5.2% slice of Zalando’s outstanding share capital, 16.7% of Kinnevik’s stake ...

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