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BRIEF-Italian Wine Brands: OGV reduces its stake to zero via reverse book building
May 2, 2017 / 1:21 PM / 7 months ago

BRIEF-Italian Wine Brands: OGV reduces its stake to zero via reverse book building

May 2 (Reuters) - Italian Wine Brands SpA:

* Says, on April 27, OGV reduced to zero its stake in the company after sale of 398,750 ordinary shares for total EUR 3.7 million ($4.03 million) via reverse book building

* OGV shareholders are mainly private equity funds with a short residual time horizon Source text for Eikon: Further company coverage: ($1 = 0.9170 euros) (Gdynia Newsroom)

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