January 9, 2017 / 5:21 PM / a year ago

Arle Capital Partners selling 11.25 percent stake in Technogym

LONDON (Reuters) - Arle Capital Partners is selling its 11.25 percent holding Milan-listed gym equipment retailer Technogym (TGYM.MI) through an offering to international institutional investors, a bank handling the sale said in a statement.

    Goldman Sachs (GS.N), which released the statement, and Mediobanca (MDBI.MI) are acting as joint bookrunners for the accelerated book building sale. Arle Capital Partners holds the stake through its wholly-owned subsidiary Salhouse Holding.

    Reporting by Dasha Afanasieva; Editing by Greg Mahlich

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