A major investor is placing Sixt shares worth almost EUR 50 million on the market.
Deutsche Bank, which was entrusted with the placement, announced on Thursday evening that an institutional investor is offering a good 600,000 Sixt ordinary shares, which are to be placed with other investors overnight. The name of the seller was not disclosed. At Thursday's Xetra closing price, the Sixt share package is worth EUR 49 million, but the shares are normally sold at a discount. The placement comprises just under two percent of Sixt's ordinary shares, which are majority-owned by the Sixt family.