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Royal Bank of Scotland Group PLC and CVC Capital Partners Raise $290million In Samsonite Stake Sale-Reuters


Sunday, 13 Jan 2013 09:02pm EST 

Reuters reported that Royal Bank of Scotland Group PLC and CVC Capital Partners sold a combined $290 million stake in Hong Kong-listed luggage maker Samsonite International. The 138.3 million shares were sold at HKD16.20 each, a 4.9% discount to Samsonite's January 11, 2013 close of HKD17.04. That would put the total deal at HKD2.24 billion, with about 65% of the shares sold by CVC and the remainder by RBS. 

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364.2
35.4 +10.77%
12:06pm EDT