By
with contributions from Jennifer Weil
 on March 20, 2019

PARIS — Eurazeo SA has sold its remaining stake in Moncler, worth about 4.8 percent of the fashion brand’s capital, after an eight-year investment in the company, the French fund said in a statement on Wednesday.

The sale of 12.2 million shares for 36.5 euros each equals approximately 445 million euros and comes following an accelerated placement through institutional investors. After the transaction, Eurazeo retains no voting rights in the company.

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