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BRT BRT Apartments Corp

18.48
-0.04 (-0.22%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
BRT Apartments Corp NYSE:BRT NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.04 -0.22% 18.48 18.76 18.3401 18.76 25,264 01:00:00

Bertelsmann Offers 1.3% Stake in RTL for Sale

02/10/2013 5:36pm

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By Friedrich Geiger

FRANKFURT--German media group Bertelsmann SE & Co. KGaA Wednesday said it is offering a 1.3% stake in RTL Group S.A. (RTL.BT) for sale and will hold 75.1% in the television broadcaster after the placement.

Bertelsmann is offering 2 million ordinary shares in an accelerated bookbuilding to institutional investors. The offer comprises the shares of an over-allotment option which wasn't exercised at RTL's initial public offering in the spring.

Deutsche Bank AG (DB) and Morgan Stanley (MS) are joint book runners on the transaction.

Write to Friedrich Geiger at friedrich.geiger@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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