Dec. 11, 2015, 9:28 AM
- Gazit-Globe (NYSE:GZT) sells 4.2M shares of Equity One (NYSE:EQY) in a secondary offering which reportedly priced at $26 per share. The underwriters have an option to buy up to another 630K share at that price.
- The sale brings GZT's stake in EQY down to 50.3M shares, or 39% of the company.
- EQY -2.4% premarket to $25.60.
Gazit-Globe Ltd. engages in the acquisition, construction, development and management of commercial properties. It operates through the following segments: Shopping Centers in the United States, Shopping Centers in Canada, Shopping Centers in North Europe, Shopping Centers in Central-Eastern... More
Industry: Property Management
Country: United States