Deutsche Telekom and the private equity company Hellman & Friedman together with Scout24 management and the supervisory board have placed 7m shares in an accelerated bookbuilding over night. The CEO and CFO of the company will not place shares. Based on the latest price, the total volume reached €244m. The placement represents 6.5% of the total share capital. At present, Deutsche Telekom owns 10.94% and Hellman & Friedman 27.31% of the company. After the announcement, the closing
13 Dec 2016
Stake in Scout24 reduced further
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Stake in Scout24 reduced further
Deutsche Telekom AG (DTE:WBO) | 0 0 0.8% | Mkt Cap: 62,447m
- Published:
13 Dec 2016 -
Author:
Heinz Steffen -
Pages:
2
Deutsche Telekom and the private equity company Hellman & Friedman together with Scout24 management and the supervisory board have placed 7m shares in an accelerated bookbuilding over night. The CEO and CFO of the company will not place shares. Based on the latest price, the total volume reached €244m. The placement represents 6.5% of the total share capital. At present, Deutsche Telekom owns 10.94% and Hellman & Friedman 27.31% of the company. After the announcement, the closing