CD&R European Value Retail Sells B&M Stake for GBP199.8 Million -GS
January 15 2018 - 3:42AM
Dow Jones News
By Maryam Cockar
CD&R European Value Retail Investment SA has sold its stake
of 49.1 million shares in B&M European Value Retail SA (BME.LN)
for 199.8 million pounds ($274.3 million), Goldman Sachs Group Inc.
(GS) said Monday.
Goldman Sachs said the shares, which represent 4.9% of B&M's
issued share capital, were sold at a price of 407 pence each.
Following the transaction, CD&R no longer owns any of
B&M's shares, Goldman Sachs said.
Goldman Sachs acted as the sole bookrunner for the
transaction.
Write to Maryam Cockar at maryam.cockar@dowjones.com
(END) Dow Jones Newswires
January 15, 2018 03:27 ET (08:27 GMT)
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