×
193
Fashion Jobs
VOLVO WHITE PAINTS INDUSTRIES
Hiring For Sales Officer/Area Sales Manager/ (Haryana)
Permanent · Sonipat
PATANGE INDUSTRIES PVT LTD
Requirement - Production Manager
Permanent · Pune
RESPICARE SOLUTIONS
Area Sales Manager /Business Development Manager-Mumbai / Maharashtra
Permanent · Navi Mumbai
GRAND CHEMICAL WORKS
Area Sales Manager- Jaipur & Lucknow
Permanent · Lucknow
ASTRAL ADHESIVES ( ASTRAL GROUP )
Astral Adhesives - Area Sales Manager - Construction Chemicals
Permanent · Ludhiana
VADILAL
Area Sales Manager
Permanent · Varanasi
ASTRAL ADHESIVES ( ASTRAL GROUP )
Astral Adhesives - Area Sales Manager (Maintenance Division)
Permanent · Jodhpur
PREETI DEVELOPERS PRIVATE LIMITED
Manager- Sales
Permanent · Bengaluru
CEASEFIRE INDUSTRIES PRIVATE LIMITED
Area Manager/ Territory Manager (Sales)_ Goa
Permanent · Pune
INDEED.MX
Trabajo Para Mayores de ed+d
Permanent · MEXICO CITY
INDEED.MX
Trabajo Para Mayores de Edad
Permanent · MEXICO CITY
INDEED.MX
Trabajos Opción Home Office
Permanent · MEXICO CITY
INDEED.MX
Secretaria de Medios Tiempos
Permanent · MEXICO CITY
INDEED.MX
Archivista de Medios Tiempos
Permanent · MEXICO CITY
INDEED.MX
Capturista de Medios Tiempos
Permanent · MEXICO CITY
ECL FINANCE LIMITED
Area Sales Manager- Small Ticket Housing Loan
Permanent · Hyderabad
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Ahmedabad
Permanent · Ahmedabad
PROPERTYXPO.COM
Area Sales Manager| Real Estate Portfolio Management | Gurgaon
Permanent · Gurugram
AQUAGENICS RESEARCH & DEVELOPMENT INDIA PVT. LTD.
Area Sales Manager
Permanent · Pune
JAYPEE BROTHERS MEDICAL PUBLISHERS PVT LTD.
Area Sales Manager
Permanent · Prayagraj
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Ahmedabad
Permanent · Ahmedabad
PUMA
Senior Manager- Trade Compliance
Permanent · Bengaluru
By
Reuters
Published
Mar 11, 2015
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Zalando backers sold 7.3 pct in share placement

By
Reuters
Published
Mar 11, 2015

FRANKFURT, Germany - A group of early backers of German online fashion retailer Zalando sold 7.3 percent of shares in the company in a placement, joint bookrunner Morgan Stanley said.

Global Founders, Holtzbrinck Ventures, AI European Holdings and Rocket Internet placed 17.9 million shares in an accelerated bookbuilding at 23.75 euros per share, Morgan Stanley said, for a total of 425 million euros ($454 million).

At its 5.3 billion-euro October initial public offering, shares in Zalando were listed at 21.50 euros per share.

Global Founders is the investment vehicle of founder brothers Marc, Oliver and Alexander Samwer, through which they also hold 38 percent of Rocket Internet, the company run by Oliver Samwer.

AI European Holdings is part of Ukrainian-American billionaire Len Blavatnik's conglomerate Access Industries.

Morgan Stanley said it and the other joint bookrunners, Goldman Sachs and Credit Suisse, had partially waived a lock-up agreed by the sellers in connection with Zalando's initial public offering.

Other pre-IPO shareholders and option holders not participating in the sale would also automatically be released from their lock-up obligation agreed at the IPO on a pro-rata basis for a total of 23.7 million shares, Morgan Stanley said.

Biggest shareholder Kinnevik, Bestseller Handels and founder-managers Robert Gentz and David Schneider are not selling in the placement.

They agreed to extend their lock-up commitments until June 28 for a total of 64 percent of the company.

€1 = $1.06/£0.70

 

© Thomson Reuters 2022 All rights reserved.