HBW Insight is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By



This article was originally published in The Rose Sheet

Executive Summary

Hamburg will sell its 10% stake in Nivea maker Beiersdorf for $1.63 mil., the German city announces. Deutsche Bank, which organized the sale, will sell Hamburg's 25.2 mil. shares of the company to institutional investors. The price of the stock will range from $62.15 to $64.74. Hamburg owned the shares through a holding company that was formed in 2003. The sale will increase Beiersdorf's liquidity on the Frankfurt stock exchange and increase the likelihood of the firm being included in Germany's blue chip DAX index. Sales for the Beiersdorf group reached $763.99 mil. in 2006, the company says...



Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts