Majority stakeholder sells 10 percent of shares in Barry Callebaut
Company maintains 40.08 percent in Swiss chocolate company.
Jacobs Holding AG, majority stakeholder of Barry Callebaut AG, has sold 10.02 percent of its shares in the Swiss company with the goal of diversifying its investment portfolio and further supporting the Jacobs Foundation.
Barry Callebaut announced Tuesday that Jacobs Holding had successfully sold 156,658 shares (2.85 percent) in a private placement to Ontario Teachers’ Pension Plan and another 393,342 shares (7.17 percent) by way of an accelerated bookbuilding process at a price of CHF 1,915 ($1,928) per share.