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BRT BRT Apartments Corp

17.53
0.12 (0.69%)
27 Apr 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
  0.12 0.69% 17.53 17.69 17.36 17.36 18,050 01:00:00

Bertelsmann Raises Gross Proceeds of EUR1.4 Billion With RTL Shares Sale

30/04/2013 3:10am

Dow Jones News


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German media group Bertelsmann AG has priced its secondary placement of shares in broadcaster RTL Group (RTL.BT) at EUR55.50 a share, amounting to gross proceeds of around EUR1.4 billion, the company announced Monday.

The offering amounted to 25.5 million existing ordinary shares, including an over-allotment option of 2.3 million ordinary shares.

Following the placement, Bertelsmann will hold 75.1% of RTL Group's ordinary shares, assuming full placement of the over-allotment option, and remain a majority shareholder of RTL Group.

Write to Dennis Baker at dennis.baker@dowjones.com

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


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