Hugo Boss share placing seen priced at bottom end of range

LONDON - German fashion retailer Hugo Boss expects to price an accelerated sale of 7.9 million shares at the bottom end of its 101.50 - 107.05 euro price range, representing a 5.2 percent discount.

The books will close at 0730 GMT.

European private equity firm Permira launched yesterday an accelerated sale of 850 million euros ($1.12 billion) of shares.

Citi and BoA Merrill Lynch are running the deal.