Samsonite block

CVC and RBS sell $216 million of Samsonite shares

The sale, which accounts for less than 20% of their combined stake, comes about four months after a lock-up expiry and as the Samsonite stock breaks above the IPO price.

<div style="text-align: left;"> Samsonite CEO Tim Parker at the company’s trading debut in Hong Kong last year (AFP) </div>

Anette Jönsson

April 11, 2012

Two trading days after Samsonite International’s share price once again closed above the IPO price, private equity firm CVC Capital Partners and Royal Bank of Scotland teamed up to sell a portion of their remaining stakes in the luggage specialist at a 4.7% discount.

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