GBL: to sell around 6.6% of Burberry's capital
(CercleFinance.com) - The group and its 100% subsidiary GBL Energy announces its intention to sell approximately 6.
6% of Burberry's capital.
This sale will go through a private placement reserved only to institutional investors.
The transaction concerns GBL's entire stake in Burberry.
“The proceeds from the sale will give GBL additional flexibility to proceed with new investments” indicates the group.
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6% of Burberry's capital.
This sale will go through a private placement reserved only to institutional investors.
The transaction concerns GBL's entire stake in Burberry.
“The proceeds from the sale will give GBL additional flexibility to proceed with new investments” indicates the group.
Copyright (c) 2018 CercleFinance.com. All rights reserved.