J&E Davy and Jefferies International complete €134.4 million share offerings in Glanbia plc
Clients J&E Davy and Jefferies International Limited
Jones Day advised J&E Davy and Jefferies International Limited in connection with two accelerated book build sales of Ordinary Shares in Glanbia plc, an international nutritional solutions and cheese Group headquartered in Ireland, by its largest shareholder Glanbia Co-operative Society Limited.
A total of 6% of the Ordinary Shares in Glanbia were sold, 3% in each sale which were conducted a month apart in November 2012 and December 2012. The shares were sold at a price of €7.60 per ordinary share in each sale, raising total gross proceeds of €134.4 million (US$177.8 million) for the Society.