FRANKFURT (Reuters) - Major shareholders in German online marketplace Scout24 (DE:G24n) on Monday evening sold around seven million shares in the company, worth roughly 244 million euros (205.08 million pounds) at the time, the bank organising the sale, Credit Suisse (SIX:CSGN), said.
The placement equates to at least 6.5 percent of the company's capital stock and Scout24 shares were indicated down nearly 3 percent in after-hours trade following the news.
The firm's major shareholders, Hellman & Friedman and Deutsche Telekom (DE:DTEGn), held stakes of 27.3 and 10.9 percent respectively before the sale. They said they would consider placing additional shares if there was ongoing demand.