Ray Investment Is Selling $727 Million Stake in France’s Rexel – Bloomberg

Ray Investment Is Selling $727 Million Stake in France’s Rexel
Bloomberg
Ray Investment SARL, the largest investor in Rexel SA (RXL), is selling a stake worth about 546 million euros ($727 million) in the electrical-equipment distributor. Ray Investment is offering 28.8 million shares at 18.20 euros to the market price

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