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BRIEF-PAI Partners says sells 17.74 pct stake in Kaufman & Broad
February 14, 2017 / 5:12 PM / 5 months ago

BRIEF-PAI Partners says sells 17.74 pct stake in Kaufman & Broad

1 Min Read

Feb 14 (Reuters) - Kaufman & Broad

* Private Equity fund PAI Partners announces the disposal of of 17.74 percent stake in real estate company kaufman & broad to institutional investors.

* PAI Partners will retain about 17.70 percent of Kaufman & Broad.

* BNP Paribas and Crédit Agricole are acting as joint bookrunners for the placement. Further company coverage: (Reporting by Mathieu Rosemain)

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