
CVC completes another Samsonite selldown
CVC Capital Partners has exited HK$1.45 billion ($187 million) worth of shares in Samsonite International as part of a HK$2.24 billion sell-down with fellow investor Royal Bank of Scotland (RBS).
A total of 138.3 million shares were sold at HK$16.20 apiece, representing a 4.9% discount to Samsonite's closing price on Friday, according to Reuters. The stock was down 2% at HK$16.70 during mid-morning...
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