Barry Callebaut: Jacobs family sells 2.7% stake
(CercleFinance.com) - The Jacobs family, which controls Swiss chocolate maker Barry Callebaut, said on Friday that it has sold a 2.
7% stake in the company through an accelerated book building.
Renata Jacobs, Nathalie Albin-Jacobs and Nicolas Jacobs have sold 150,000 shares to institutional investors, as part of an offering that was conducted by Goldman Sachs.
The sale represents a "partial monetisation" of their investment in order to increase the "diversification" of their personal investments, they said in a statement.
Jacobs Holding AG still holds 50.1% of Barry Callebaut.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
7% stake in the company through an accelerated book building.
Renata Jacobs, Nathalie Albin-Jacobs and Nicolas Jacobs have sold 150,000 shares to institutional investors, as part of an offering that was conducted by Goldman Sachs.
The sale represents a "partial monetisation" of their investment in order to increase the "diversification" of their personal investments, they said in a statement.
Jacobs Holding AG still holds 50.1% of Barry Callebaut.
Copyright (c) 2018 CercleFinance.com. All rights reserved.