Kerry Co-op expcted to raise €90m from sale of Kerry Group sales

It’s understood that Kerry Co-op will raise some 90 million euro from the sale of 800,000 shares in Kerry Group.

It’s also being reported that Kerry Co-op, currently the largest shareholder in Kerry Group, is planning another major sale of shares next year.

According to Bloomberg, the co-op’s sale of 800 thousand Kerry Group shares was priced at 112 euro 50 cent a piece.

Bloomberg also reported this week that demand far exceeded the number of shares on offer.