LONDON (Reuters) - Arle Capital Partners is selling its 11.25 percent holding Milan-listed gym equipment retailer Technogym (MI:TGYM) through an offering to international institutional investors, a bank handling the sale said in a statement.
Goldman Sachs (N:GS), which released the statement, and Mediobanca (MI:MDBI) are acting as joint bookrunners for the accelerated book building sale. Arle Capital Partners holds the stake through its wholly-owned subsidiary Salhouse Holding.