EDreams ODIGEO ( (ES:EDR) ) has provided an announcement.
Goldman Sachs International, along with Barclays Bank Ireland PLC and Deutsche Bank Aktiengesellschaft, is conducting a private placement of approximately 7 million shares of eDreams ODIGEO, representing about 5.5% of the company’s share capital. This placement is being executed on behalf of Luxgoal 2 S.à r.l. and Luxgoal 3 S.à r.l., investment vehicles managed by Permira Holdings Limited. The placement aims to facilitate the repurchase of shares by eDreams ODIGEO, potentially modifying its existing share buyback program. The sellers have agreed to a 90-day lock-up period for their remaining shares, and the company will not receive any funds from this transaction.
More about EDreams ODIGEO
YTD Price Performance: 2.15%
Average Trading Volume: 4,020
Technical Sentiment Signal: Sell
Current Market Cap: €1.1B
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