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U.K. Brothers Tap Goldman for $321 Million B&M Stake Sale.
- Source :
- Bloomberg.com; 1/14/2022, pN.PAG-N.PAG, 1p
- Publication Year :
- 2022
-
Abstract
- (Bloomberg) -- Simon and Bobby Arora are offloading another major chunk of shares in their biggest listed asset through Goldman Sachs Group Inc. SSA Investments, the Arora family's Luxembourg-based investment firm, is selling 40 million shares in B&M European Value Retail SA to institutional investors through an accelerated book building, Goldman Sachs said Thursday in a filing. The British siblings, who have previously sold B&M shares valued at more than $500 million, will own a stake worth about $570 million following the sale, according to data compiled by Bloomberg. [Extracted from the article]
- Subjects :
- TOY stores
CHIEF executive officers
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 154653996