KFW sells 15 pct greenshoe option in Deutsche Post at 18.90 eur/share
The state-owned Kreditanstalt fuer Wiederaufbau (KfW) said it has exercised its 15 pct greenshoe option in Deutsche Post AG last night at a price of 18.90 eur per share. It said, including the 16.5 mln greenshoe shares, the shares sold by KfW in the placement that started last Monday totalled 126.5 mln, which is worth about 2.4 bln eur. It said the free float of Deutsche Post is now at 55.3 pct of its basic capital while the KfW’s stake is at 37.4 pct, or 416.3 mln shares.
