Moncler and Sanitec greenshoes exercised in supportive aftermarket

By Andrew Griffin
19 Dec 2013

Moncler and Sanitec said on Thursday that the greenshoes on their IPOs had been exercised, capping off smooth aftermarket performances for both deals.

The exercise of Moncler's €102m greenshoe takes the total deal size to €784m, and puts 30.73% of the luxury jacket company into free float.

Swedish bathroom fittings firm Sanitec's shareholders sold an extra 7.8% of the company through the over-allotment option, raising Skr3.66bn ($560m) and taking the post-IPO free ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial