Goldman Sachs to place 5 percent of Spain's Almirall

MADRID Wed Jan 22, 2014 1:21pm EST

MADRID Jan 22 (Reuters) - Goldman Sachs said on Wednesday it will place 5 percent of Spanish drug maker Almirall, currently held by Grupo Plafin, through an accelerated book building process.

The private placement of some 8.7 million shares will be made to institutional investors, the U.S. investor said in a statement to Spain's stock market regulator.