Edition:
India

Basic Fit Takes Note 3I Announces Sale Of Part Of Its Stake In Basic-Fit


Thursday, 27 Sep 2018 

Sept 27 (Reuters) - BASIC FIT NV ::3I <<>> ANNOUNCES SALE OF PART OF ITS STAKE IN BASIC-FIT.3I GROUP PLC VIA MITO HOLDINGS S.À.R.L. THAT IT HAS SOLD A C.6.8% STAKE IN BASIC-FIT.FOLLOWING COMPLETION OF THE PLACEMENT, 3I’S REMAINING STAKE WILL BE APPROXIMATELY 21% OF BASIC-FIT’S OUTSTANDING SHARE CAPITAL.OFFER PRICE OF €30.50 PER SHARE.3I HAS COMMITTED ITSELF TO A LOCK-UP OF 90 DAYS. 

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