Bain Capital places 4 million shares of IMCD with Institutional Investors
Specialty chemicals and food ingredients distributor IMCD N.V. (Rotterdam, The Netherlands) recently nnounced that is has been informed that Emma (BC) Holding S.C.A., an entity indirectly controlled by the investment funds managed by Bain Capital Investors, LLC (“Bain Capital”), the major shareholder of IMCD, has placed 4 million IMCD shares with institutional investors in an accelerated bookbuilding process. The placement was executed at a price of EUR 33.60 per share.
This transaction is increasing the free float to 92.1%. Bain Capital now holds a minority position of 7.9% in IMCD.
Source: IMCD website
HGE – DCG / 23.12.2016