Jumbo Barry Callebaut block provides rare liquidity event

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By Aidan Gregory
28 Apr 2021

A Sfr1.1bn jumbo block trade in Barry Callebaut, the Swiss chocolate maker, by Jacobs Holding, has attracted strong demand from investors eager to add defensive exposures to their portfolios.

The sale consisted of 550,000 shares in the cocoa processor, equivalent to a 10% stake in the company.

The selling shareholder, Jacobs, is the investment firm that manages the assets of the charitable foundation set up by the late Klaus Jacobs, the German-born billionaire who built Barry Callebaut into one ...

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