Brief: De Raj Group Says Major Shareholders Sell 65% Stake

Major Holdings

25/05/2020 17:37

May 25 (Reuters) - DE RAJ GROUP AG  DRJG.DE :
    * DE RAJ GROUP AG: MAJOR SHAREHOLDERS SELL 65 % OF THE
COMPANY
    * BUYER IS STANDARD PAPER & BOARD SINGAPORE PTE. LTD, A
PRIVATELY
HELD COMPANY BASED IN SINGAPORE
    * BUYER WILL ACQUIRE 22.75 M SHARES PREVIOUSLY HELD BY
ALEXANDER,
NICHOLAS AND RENATA DE RAJ AND BY NAGENDRAN NADARAJAH
    * PURCHASE OF DE RAJ FAMILY SHARES TRIGGERS A MANDATORY
PUBLIC
OFFER TO OUTSIDE SHAREHOLDERS OF DE RAJ GROUP AG

Source text for Eikon:  ID:nEQ7Ck4wQa 
Further company coverage:  DRJG.DE 

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