Private equity group CVC sells Matas stake for $216 mln

COPENHAGEN Fri Jan 10, 2014 2:47am EST

COPENHAGEN Jan 10 (Reuters) - Private equity group CVC Capital Partners has sold a 19.4 percent stake in Denmark's Matas for 1.18 billion Danish crowns ($216 million), the beauty retailer said on Friday.

CVC sold 7,918,186 shares at 150 Danish crowns per share, up 30 percent from the price when Matas was listed on the Copenhagen Stock Exchange in June.