Rheinmetall owning family says sells stake

Newswire

FRANKFURT, Nov 29 (Reuters) - The Roechling family that controls German defence and car parts firm Rheinmetall has sold its stake in the company through a placement to institutional investors, it said on Monday. The family said in a statement that it had sold shares amounting to 73.7 percent of the common stock and 10.48 percent of the preferred stock. The shares have been sold to more than 75 institutional investors, it said. The family announced last Wednesday that it was selling the ...

Premium Content (PAID Subscription Required)

"Rheinmetall owning family says sells stake" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×