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BRIEF-Pierer Industrie to sell up to 12.1 pct of shares of KTM Industries
February 22, 2017 / 6:13 AM / 7 months ago

BRIEF-Pierer Industrie to sell up to 12.1 pct of shares of KTM Industries

Feb 22 (Reuters) - Pierer Industrie AG:

* Has resolved to sell up to 12.1 pct of shares of KTM Industries AG to qualified investors within the scope of a prospectus-free international private placement

* Pierer Industrie will continue to hold after completion of transaction at least 62.8% of the shares of KTM Industries AG Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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