UPDATE: Teleios sells 5.3% stake in Glenveagh Properties in placing
Glenveagh Properties PLC - Kildare, Ireland-based housebuilder - Teleios Capital Partners LLC sells a 5.3% stake in Glenveagh through a placing run by J&E Davy and Jefferies as joint global coordinators and joint bookrunners. Acting through Teleios Global Opportunities Master Fund Ltd, the Zug, Switzerland-based investment manager sells 28.4 million Glenveagh shares at EUR1.77 per share, worth EUR50.2 million. Teleios retains 85.5 million shares, a 16.1% stake. Read More