April 10, 2014 / 5:15 PM / in 4 years

Credit Suisse says placing 3.69 pct Prisa stake in Mediaset Spain

MADRID, April 10 (Reuters) - Credit Suisse on Thursday said it had received a mandate from Spain’s Prisa to place a 3.69 percent stake the company holds in the local unit of Italy’s Mediaset with institutional investors.

The stake, worth around 120 million euros ($166.6 million), will be sold through an accelerated book building process, Credit Suisse said in a notice to the stock market regulator. ($1 = 0.7204 Euros) (Reporting by Julien Toyer. Editing by Jane Merriman)

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