Article: Commerzbank sells 5% stake in Gea Group.

Article from:
ADP News Germany
Article date:
September 10, 2009
Copyright

(ADPnews) - Sep 10, 2009 - German Commerzbank (ETR:CBK) has sold the entire 5% stake it holds in German mechanical engineering firm Gea Group AG (ETR:G1A).

It placed 9.2 million shares with an overall value of EUR 115.9 million (USD 168.5m) with national and international institutional investors.

The placement price was EUR 12.60 a share, which represents a ...

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