CVC and RBS sell another $287 million of Samsonite shares

The reverse-inquiry club deal cuts their combined stake in the luggage specialist to about 20%, while a block trade in Indonesia’s Harum Energy is pulled due to lack of demand.

Five months after their previous sell-down, private equity firm CVC Capital Partners and Royal Bank of Scotland have offloaded another batch of shares in Samsonite International, the world’s biggest travel luggage company, raising a combined HK$2.23 billion ($287 million).

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media