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Advent says goal is not to delist Douglas shares
October 15, 2012 / 9:45 AM / in 5 years

Advent says goal is not to delist Douglas shares

FRANKFURT (Reuters) - Private equity group Advent said it was not its goal to delist shares of Douglas Holding DOHG.DE after making a joint takeover offer for the books-to-perfume retailer with founding family Kreke on Monday.

Advent aims to complete the takeover by the end of this year, Ranjan Sen, managing director of Advent International in Frankfurt, told journalists during a conference call.

Reporting by Maria Sheahan

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