September 5, 2019 / 5:08 AM / 2 months ago

BRIEF-Onex Partners Announces Secondary Sale Of SIG Combibloc

Sept 5 (Reuters) - Onex Corp:

* ONEX PARTNERS ANNOUNCES SECONDARY SALE OF SIG COMBIBLOC

* AT PLACEMENT PRICE OF CHF 12/SHARE, GROSS PROCEEDS TO ONEX GROUP WILL BE ABOUT $367 MILLION, OF WHICH ONEX’ SHARE WILL BE ABOUT $129 MILLION

* CO AND ITS AFFILIATED FUNDS ANNOUNCED THEY SOLD APPROXIMATELY 30.0 MILLION SHARES OF SIG COMBIBLOC GROUP

* ONEX GROUP WILL CONTINUE TO HOLD APPROXIMATELY 133.2 MILLION SHARES OF SIG FOR AN INTEREST OF 42%

* ONEX WILL CONTINUE TO HOLD APPROXIMATELY 46.9 MILLION SHARES FOR A 15% INTEREST Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below