ING placing up to 3.09 mln Pegas shares - trader

10.07.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

LONDON, July 10 (Reuters) - ING is placing up to 3.09 million shares in Czech artificial textile maker Pegas Nonwovens on behalf of private...

...equity fund Pamplona, a trader said.

The placing is being done through an accelerated bookbuilding, the trader said.

Polish floor covering and textiles manufacturer Lentex has said it is interested in the company, which is the smallest Czech bluechip stock with a market capitalisation of around $360 million.

Pegas said last week that Pamplona wanted to sell its 43.4- percent stake in the company.

Stock in Pegas closed at 807.5 crowns on Monday.

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