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GC Asia
Apollo places first Verallia block
Apollo Global Management has completed the first selldown of shares in Verallia, the French glass bottle maker, since its €1bn flotation in Paris in October last year.
Launched after the market close on Thursday evening, the €185m placing consisted of 7.7m shares - a 6.2% stake in Verallia.
BNP Paribas, Citigroup and Deutsche Bank were global coordinators.
The transaction was wallcrossed and covered shortly after launch, according to a source ...Already a subscriber? Login
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